Total has agreed with PT Easco East Sepanjang to farm-in the offshore East Sepanjang block northeast of Java.
Offshore staff
COURBEVOIE, France -- Total has agreed with PT Easco East Sepanjang to farm-in the offshore East Sepanjang block northeast of Java.
The block covers 5,100 sq km with water depths from 400 to 1,000 m. A seismic survey is scheduled before year-end, and an exploration well is scheduled in 2007.
Total will acquire a 49% working interest and has an option to acqurie 41% more in the future if sepcific conditions are met.
