Ophir to dispose E. Kalimantan blocks
Saturday, May 20 2017 - 05:40 AM WIB
By Febry Silaban
UK independent oil, gas firm Ophir Energy is in the process of disposing two adjacent offshore exploration blocks in East Kalimantan.
Industry sources said that talks are ongoing with several interested parties to farm out Ophir?s enire interest in Bontang PSC and South Sangatta PSC.
The source did not give further detail.
Ophir has 100 percent interest in Bontang PSC, which contains Bedug-1 gas discovery and 75 percent interest in South Sangatta which contains North Kendang discovery.
Editing by Alexander Ginting