ExxonMobil eyeing Java exploration block

Wednesday, November 15 2006 - 01:05 AM WIB

US oil firm ExxonMobil Corp. is seeking to acquire an exploration block onshore Central Java called Kendeng, a government official said.

The official, who declined to be named, said that the company has proposed to the government to conduct joint study on the block. Joint study is a prerequisite to obtain an exploration block through ?direct offer? mechanism.

ExxonMobil Oil Indonesia official declined to comment on the matter. (godang)

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