Source: www.gulfoilandgas.com 3/17/2014, Location: Asia
Pan Pacific Petroleum (Vietnam) Pty Ltd has been advised by the Operator of the Block 07/03 Production Sharing Contract that the plugging and abandonment of the 07/03-CD-1X exploration well drilled using the “Ocean General” drilling rig has been completed and the rig has been released.
Partners in the block are:
Pan Pacific Petroleum (Vietnam) Pty Ltd 5% (a wholly owned subsidiary of Pan Pacific Petroleum NL)
Talisman Vietnam 07/03 B.V. (Operator) 30%
Talisman Vietnam 07/03-CRD Corporation LLC. 25%
Mubadala Petroleum (through its affiliate PearlOil (Ophiolite) Ltd) 25%
PetroVietnam Exploration and Production Corporation Ltd 15%