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Baron Oil secures extension for Chuditch PSC offshore Timor-Leste

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Baron Oil secures extension for Chuditch PSC offshore Timor-Leste

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Natural Gas News
Baron Oil secures extension for Chuditch PSC offshore Timor-Leste

Summary

This provides Baron Oil’s wholly owned subsidiary, SundaGas Banda Unipessoal, the PSC operator, with additional time to finalise drilling plans for the planned Chuditch-2 appraisal well. by: Shardul Sharma

London-listed Baron Oil on December 5 announced an extension to contract year two of the production sharing contract (PSC) for the Chuditch PSC, located offshore Timor-Leste. The e...

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