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Who Owns Madura Oil Block?

Wednesday, May 4, 2011

Two unknown newcomers acquired stakes in West Madura oil and gas block—to the surprise of many industry observers.

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THAT Wednesday afternoon last week, the 21st floor of The City Tower on Jalan M.H. Thamrin in Central Jakarta, three times the size of a volleyball court, was a mess. The floorboards had only been covered with rough mortars, the ceilings, gaping in many places, had yet to be boarded up, and air-conditioning ducts protruded from many parts.

Workers hired by Design Era Arsitektur, the interior design contractor, were busy installing plywood sheets

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