Seismic underway at Palangkaraya block

Friday, May 2 2014 - 04:27 AM WIB

By Alexander Ginting

US oil, gas firm ConocoPhillips reported on Thursday that seismic acquisition is currently being carried out in Palangkaraya block, onshore Central Kalimantan.

The company did not give detail.

ConocoPhillips has 49% interest in the block with operator Petcon Borneo holding the the balance. The partnership plan to start exploration drilling in the block next year

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