Medco to drill 9 exploration wells in 2009
Saturday, January 24 2009 - 02:28 AM WIB
Medco E&P Indonesia, a unit of IDX-listed energy firm PT.Medco Energi Internasional Tbk will drill up to 9 exploration wells in its concessions in Sumatra and Kalimantan this year.
President Directior Budi Basuki told Petromindo.Com on Thursday that the company will drill 7 wells in its Sumatra working areas and two in East Kalimantan areas.
Budi said in 2008, Medco E&P drilled 8 wells. (alex)