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Wednesday, April 25, 2007

Apexindo wins $2.13 million contract for drilling services

Jakarta (ANTARA News) - Indonesia`s oil and gas drilling service company PT Apexindo Pratama Duta Tbk said on Wednesday it has won a US$2.133 million contract from Virginia Indonesia Co. LLC. for drilling rig services.

The two companies signed a letter to proceed (LTP) on April 20, Apexindo Director Agustinus B Lomboan said in a report to the Jakarta Stock Exchange.

Under the six-month contract, Apexindo will provide drilling rig services in the Mutiara field, East Kalimantan.

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