24 Mar 2010, 11:12 WIB

Press Release - Jakarta, March 24, 2010

Bhakti Investama has signed a binding agreement with a local partner to jointly acquire an oil and gas block located in South Sumatra. A joint study has been completed and submitted to MIGAS (Oil and Gas Supervisory Agency). The Joint Cooperation is awaiting a decision from MIGAS which is expected to be awarded at the latest in Mid 2010.

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