Ecosse seeks partner to explore Indonesian blocks
Thursday, May 3 2012 - 02:00 AM WIB
Canadian junior exploration company Ecosse Energy is looking for partners to explore its two blocks in Indonesia.
?In an effort to begin unlocking some of the value present in Bengkulu and Manokwari PSCs, a full farm-out packages have been put together and a number of large oil and gas companies are now viewing the data packages with a view to farm-in,? the company said without giving further detail.
Ecosse has 100 percent interest in Bengkulu PSC, which covers onshore and offshore part of Bengkulu province in southern part of Sumatra and in Manokwari PSC, which is located in the onshore part of the Bintuni Basin in Papua province.
The company plans to drill two wells in Manokwari in 2012.
The company also said that it was also reviewing and considering opportunities to invest or acquire interest in other Indonesian oil and gas properties.