EXPLORATION PACE SLATED TO PICK UP ON 13TH ROUND ACREAGE IN THAILAND

Thailand is about to see a major surge in exploration by foreign companies the next 3 years. With the tentative award of 33 petroleum concessions this summer, 17 companies are poised to spend at least $150 million for exploration during an initial 3 year obligation period, said Prakong Polahan, deputy director general of the Department of Mineral Resources

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