PTTEP pulls out of Egypt program

PTTEP has withdrawn its 30% participating interest from Sidi Abd El Rahman project offshore Egypt after fulfilment of the exploration work commitment.

Offshore staff

BANGKOK, Thailand -- PTTEP has withdrawn its 30% participating interest from Sidi Abd El Rahman project offshore Egypt after fulfilment of the exploration work commitment.

The withdrawal will become effective on reception of official approval from the government of the Arab Republic of Egypt.

03/30/2011

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