Scandoil  

Pan Pacific Petroleum partners surrender Vietnam Block 121


Published Sep 30, 2015
Pan Pacific Petroleum-2

Pan Pacific Petroleum NL, wish to advise that the Block 121 Joint Venture parties are withdrawing from the licence following the unsuccessful drilling of the Whale prospect (121-CV-1X) and the inability over the last 12 months to secure a farmin partner to share the costs and risk of drilling an additional well in the licence.

The Company's cumulative exploration expenditure in this licence was written off in PPP's 2014 Annual Report.

Tags: Pan Pacific Petroleum




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml