Asia Petroleum Development (Bilton) Ltd., Serica Energy Pka

Transaction Type
Marketers
Post Date
Estimated Price
MM
Description

NEW, Asia Petroleum Development (Biliton) Ltd., a subsidiary of Serica Energy Plc, has retained IndigoPool to seek a farm-in partner in the Biliton production sharing contract offshore West Java, Indonesia. Serica Energy currently holds a 45% operating position in the block 350 kilometers northeast of Jakarta in water depths less than 50 meters. Major equity is being offered with operatorship available. Two years of the exploration period is left on the license. The bid due date is Sept. 30. Contact Les Finalle, 713-513-1513