Oilex funds West Kampar push

摘要

Oilex, through a wholly owned subsidiary, has agreed to acquire a 45% interest in the West Kampar Production Sharing Contract onshore north central Sumatra, Indonesia from PT Sumatera Persada Energi. Oilex is to refund certain past costs and the drilling of the Pendalian-3 exploration/ appraisal well to investigate an oil field discovered in 1993 by Pendalian-1 as well as the acquisition of seismic data.