Medco Energi to Take 10% Stake in Four Eni Blocks in Indonesia
Medco Energi reached an agreement with Eni to acquire a 10% participating interest in four oil and gas blocks in the Kutai Basin, East Kalimantan.
PT Medco Energi Internasional (IDX:MEDC) said Monday it had agreed with Italian explorer Eni (MIL:ENI) to acquire a 10% participating interest in four oil and gas blocks in the Kutai Basin, East Kalimantan.