Cepu Oil Speculation

CEPU. The name of a small town in the border area between Central and East Java has suddenly become pleasing to the ears. It was out of the blue that the name appeared in Upstream, a trade magazine that reported that the oilfield in Cepu has an oil deposit of up to 2 billion barrels. In this bad economic situation, which has worsened with the rupiah almost at 10,000 to the dollar, the report is a godsend. If true, it is not unlikely that the oil

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