SE Asia exploration drilling rebounding in some areas

07/17/2000
Certain areas in Southeast Asia continue to attract the attention of oil and gas companies looking for exploration opportunities despite fallout from the economic crash of 1997 and the oil price collapse in 1998.China, in particular-with its growing number of successful oil wells in Bohai Bay and the Pearl River Mouth basin and initial movement toward development of a domestic gas industry-will likely receive the bulk of companies' attention in months to come, according to a new analysis by Wood Mackenzie.These are some of the key findings the analyst made in a recent report on exploration trends in Southeast Asia. The report covers Brunei, China, Indonesia, Malaysia, Myanmar, the Phi...
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