DRILLING

Citic to drill Indonesian well

HONG Kong-listed Citic Resources plans to spud the Lofin-1 exploration well in the Seram (Non Bula) Block renewal production sharing contract, Indonesia, in early January 2012.

Citic to drill Indonesian well

Australia partner Lion Energy said the Lofin-1 prospect was a thrust fold four-way dip closure anticline located about 56km west of the Oseil oil field, which has produced more than 10 million barrels...

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