Inpex sets aside $US88m for Indonesian wells

JAPANESE oil company Inpex will reportedly spend $US88 million to drill four appraisal wells at its deepwater Masela block in the Timor Sea off Indonesia.

Inpex sets aside $US88m for Indonesian wells

Inpex sets aside $US88m for Indonesian wells

Inpex sets aside $US88m for Indonesian wells

Inpex sets aside $US88m for Indonesian wells

Inpex sets aside $US88m for Indonesian wells

17 May 2007
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The Jakarta Post quoted Inpex general manager for Jakarta Hirohisa Ota as saying that the appraisal drilling program would verify the gas reserve at Masela and may lead to further investments.

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