{
    "success": true,
    "data": {
        "id": 1522957,
        "msgid": "oil-in-timor-sea-1447893297",
        "date": "1997-02-14 00:00:00",
        "title": "Oil in Timor Sea",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Oil in Timor Sea SYDNEY (Reuter): Petroz NL said the Kakatua North-1A exploration well in the Timor Sea had encountered a gross hydrocarbon column of about 70 metres. Petroz said the well, operated by the BHP Petroleum unit of Broken Hill Pty Co Ltd, was expected to have a positive impact on development of the Elang\/Kakatua oilfields in the Timor Gap. Kakatua North-1A was located on a separate structure 1.1 kilometers to the north of the Kakatua-1 oil discovery, it said.",
        "content": "<p>Oil in Timor Sea<\/p>\n<p>SYDNEY (Reuter): Petroz NL said the Kakatua North-1A<br>\nexploration well in the Timor Sea had encountered a gross<br>\nhydrocarbon column of about 70 metres.<\/p>\n<p>Petroz said the well, operated by the BHP Petroleum unit of<br>\nBroken Hill Pty Co Ltd, was expected to have a positive impact on<br>\ndevelopment of the Elang\/Kakatua oilfields in the Timor Gap.<\/p>\n<p>Kakatua North-1A was located on a separate structure 1.1<br>\nkilometers to the north of the Kakatua-1 oil discovery, it said.<\/p>\n<p>\"Preliminary analysis indicates that the objective section in<br>\nthe well is very similar to the Kakatua-1 well, which was drilled<br>\nin 1994,\" Petroz said in a statement.<\/p>\n<p>BHP holds 42.417 percent, Santos Ltd 21.426 percent and<br>\nIndonesia's Inpex Sahul Ltd 21.209 percent. Petroz holds 14.94<br>\npercent, with 13.37 percent held as Petroz (Timor Sea) Pty Ltd<br>\nand 1.57 percent as Emet Pty Ltd.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/oil-in-timor-sea-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}