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FACT-MASTER

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FACT-MASTER

Re: None

Tuesday, 08/23/2022 7:26:09 PM

Tuesday, August 23, 2022 7:26:09 PM

Post# of 282
Update COP Indonesia:

COP sold their Indonesian assets this past March, therefore they are an unlikely suitor, imo, to buyout /joint venture with INDO.

https://www.offshore-energy.biz/conocophillips-exits-indonesia-assets-to-focus-on-low-cost-supply-options/

The company that bought the COP Indonesian assets was MedcoEnergi.

https://www.medcoenergi.com/en/home/index

Looks like they are active in production in the South Sumatra area.

Depending on the discovery size (Kruh 28 area) there could be various majors interested, including the above. - speculating.
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