3 May 2024
East Timor awards first ever onshore exploration blocks
Publication date: 13 April 2017
Gas Strategies Group
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East Timor has awarded its first ever onshore production sharing contracts (PSC) to the country’s national energy company Timor Gap and Timor Resources, an affiliate of Australia’s Nepean.
The partnership is taking control of two blocks covering 2,000 sq km of acreage in the southwest of the country considered to be “highly prospective”.