Well spotted EL,
Rangkas Block
In May 2008 Lundin Petroleum signed a new PSC, the Rangkas Block, located in the West Java Basin, onshore West Java.
The Rangkas Block covers an area of approximately 4,000 km2. Previous drilling in the block and surface oil seeps have confirmed an active petroleum system. Several prospects and leads have been identified in the block from earlier 2D seismic.
..... Lundin is a Swedish mob, news from all directions, more oily ground and happily this one onshore.
Active volcanics! Yeah!
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- deal alert farms into rangkas block for 25 pc
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