29-04-09 The government has received several investment commitments worth a total of $ 190 mm to develop 11 oil and gas blocks. The funds would be fully disbursed for exploration activities in three years, director for oil and gas Evita H. Legowo told.
She announced 11 winners for 11 oil and gas blocks offered December last years. Included among the winners are Hess and ExxonMobil's subsidiary Esso Exploration International.

The contracts of these blocks are scheduled to be signed during the 33rd conference and exhibition of the Indonesian Petroleum Association (IPA).