Unocal finds oil in RI

Unocal finds oil in RI

JAKARTA (JP): American oil and gas firm Unocal Indonesia has
found oil and gas at three wells in the Attaka production sharing
contract (PSC) field off the coast of East Kalimantan, state oil
and gas company Pertamina said in a statement on Tuesday.

It said the three wells were estimated to contain a combined
reserve of 14 million barrels of oil and 85 billion cubic feet of
gas.

Unocal will conduct drilling on another eight to ten
exploration and delineation wells in the field, the state company
said. (jsk)