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Petronas makes ‘significant’ oil find off Sabah

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Petronas makes ‘significant’ oil find off Sabah Empty Petronas makes ‘significant’ oil find off Sabah

Post by hlk Tue 15 Nov 2011, 21:54

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has made a significant oil discovery at Block 2G-2J of Wakid-1 well offshore Sabah.

Preliminary estimation of the hydrocarbon-in-place from this discovery is 227 million barrels of oil equivalent.

Petronas Carigali Sdn Bhd, the exploration and production arm of Petronas, is sole equity holder of the production sharing contract for the block.

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