MHL 0.00% 0.3¢ monitor energy limited

appearantly, this area is rich of oil...Many big size companies...

  1. 169 Posts.
    appearantly, this area is rich of oil...
    Many big size companies will be bidding for this block I guess.

    In my opinion/guess, mhl chances are zero and the bid itself is a spin/joke.

    Have a look at the following links:

    http://www.energybulletin.net/node/1930
    http://energy.ihs.com/News/WW-News/news-2008/Migas-to-kick-off-2008-bid-round-in-June-Indonesia.htm
    http://onno.vlsm.org/v01/DLL/indonesa-oil-info.pdf
    http://jakarta.usembassy.gov/econ/energy_highlight_jan07.html
    http://www.ogj.com/display_article/336295/120/ARTCL/none/ExplD/1/Indonesia/

 
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