Malaysia’a state energy firm Petronas said on Feb. 19 it had awarded Block SB405 in North East Sabah Basin to ConocoPhillips East Malaysia Ltd. (COPEM).
The firm said the award of the block was expected to bolster exploration activities off the coast of Sabah state.
“The entry of COPEM with its world class proprietary seismic technology into Block SB405 is expected to enhance the hydrocarbon resource potential off the coast of Sabah,” said Mohamed Firouz Asnan, senior vice president of Malaysia Petroleum Management.
Recommended Reading
Marketed: Stone Hill Minerals Holdings 95 Well Package in Colorado
2024-02-28 - Stone Hill Minerals Holdings has retained EnergyNet for the sale of a D-J Basin 95 well package in Weld County, Colorado.
Marketed: Amati Royalties Powder River Basin Opportunity
2024-03-01 - Amati Royalties has retained EnergyNet for the sale of a Powder River Basin opportunity with four wells and two pending wells in Campbell County, Wyoming.
Marketed: Wylease AFE Asset Packages in Johnson County, Wyoming
2024-04-29 - Wylease LLC has retained EnergyNet for the sale of three Niobrara Shale AFE (authorization for expenditure) packages in Johnson County, Wyoming.
Marketed: Bendel Ventures 73 Well Package in Texas
2024-03-05 - Bendel Ventures LP has retained EnergyNet for the sale of a 73 well package in Iron and Reagan counties, Texas.
Marketed: EnCore Permian Holdings 17 Asset Packages
2024-03-05 - EnCore Permian Holdings LP has retained EnergyNet for the sale of 17 asset packages available on EnergyNet's platform.