AziPac farms into Mitra’s block offshore Vietnam

摘要

Singapore—Asia-focused oil and gas independent AziPac Friday said that it has signed a farm-in agreement with Malaysia-based Mitra Energy for a 25% participating interest in block 127, offshore Vietnam. As part of the deal, AziPac will pay a working interest share of the approved past costs and carry part of Mitra’s costs of acquisition and processing of a 3-D seismic survey, scheduled to be acquired in the second half of 2014, the company said.