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