{
    "success": true,
    "data": {
        "id": 1433616,
        "msgid": "tracer-sells-indonesian-asset-1447893297",
        "date": "1999-10-14 00:00:00",
        "title": "Tracer sells Indonesian asset",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "Tracer sells Indonesian asset NEW YORK (Dow Jones): Tracer Petroleum Corp. agreed to sell its Indonesian oil and gas assets to Tradewinds Oil & Gas Inc., Houston, for $350,000 cash, plus options. In a press release Tuesday, Tracer said that if all options in the agreement are exercised, it could receive a total of $700,000 cash and $2 million in preferential cost recovery, as well as retained interest in oil and gas blocks included in the assets.",
        "content": "<p>Tracer sells Indonesian asset<\/p>\n<p>NEW YORK (Dow Jones): Tracer Petroleum Corp. agreed to sell<br>\nits Indonesian oil and gas assets to Tradewinds Oil &amp; Gas Inc.,<br>\nHouston, for $350,000 cash, plus options.<\/p>\n<p>In a press release Tuesday, Tracer said that if all options in<br>\nthe agreement are exercised, it could receive a total of $700,000<br>\ncash and $2 million in preferential cost recovery, as well as<br>\nretained interest in oil and gas blocks included in the assets.<\/p>\n<p>In addition to the blocks, other items included in the assets<br>\nare a product sharing contract, a technical assistance pact<br>\noption, a 4.25 percent carried block interest, a database and<br>\ndrilling rig and ancillary equipment.<\/p>\n<p>Tracer Petroleum, Calgary, Alberta, is an oil and gas company.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/tracer-sells-indonesian-asset-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}