FYI...
Additional sections from ASX ANN:
INDONESIAN BID
The Company has lodged a bid to acquire a highly prospective block in the Republic of Indonesia. The 4,200km2 block has known oil and gas intersections and is located in Central Sumatra adjacent to producing oil fields. The bid review is expected to take several weeks with the successful bidder expected to be notified in late September 2008. The Company has every confidence that its bid has the right commercial and technical merit to be compelling and successful, however the allocation cannot be guaranteed.
OTHER BUSINESS
The Company has also been active in reviewing several other opportunities in South East Asia, including more opportunities in Indonesia, and in specific countries in South America. The target of these reviews is to identify a project that offers the Company near term production.
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