Exxon Mobil farms-in S. Kalimantan CBM blocks
Wednesday, January 27 2010 - 04:03 AM WIB
Indonesian unit of US super major Exxon Mobil Corp. said on Wednesday it has farmed-in to three CBM exploration blocks in South Kalimantan.
ExxonMobil Oil Indonesia senior official Maman Budiman said the Company has farmed-in Banjar 1, Banjar 2 and Barito Tapin CBM exploration blocks which are operated by units local company PT Sugico Graha.
Maman did not give detail about Exxon?s percentage of interest in the block but said that Sugico will retain the blocks operatorship.
Maman said drilling on the blocks will start in the second half of 2010.(godang)