Jakarta (ANTARA News) - Indonesian oil and gas firm PT Medco Energi Internasional said it has purchased a 40 pct participating interest in the Anaguid exploration block from Anadarko Tunisia Anaguid Company for 10 mln usd.
Anadarko Tunisia is an affiliate of US-listed Anardako Petroleum Corp.
In a letter to the Jakarta stock exchange, Medco was quoted by Thomson Financial as saying it purchased the stake through its wholly-owned Tunisian unit Medco Tunisia Anaguid Ltd.
It said Anadarko will also sell a 15 pct participating interest in the block to Pioneer Natural Resources Anaguid Ltd, raising Pioneer's interest to 60 pct.
In addition, Anadarko will hand over operating control of the block to Pioneer Natural Resources.
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