Talisman Energy Inc. announced that a consortium including Talisman Vietnam Limited (30%), Petronas Carigali Overseas Sdn Bhd (30%) and PetroVietnam Exploration and Production Company (40%) has been awarded exploration Block 46/02 offshore Vietnam. Petronas Carigali Overseas is the exploration and production subsidiary of Malaysia's state owned Petronas while PetroVietnam Exploration and Production Company is a subsidiary of PetroVietnam, the national oil company of Vietnam. The award is still subject to final approvals by the Government of the Socialist Republic of Vietnam and execution of a Petroleum Contract and joint perating arrangement. "We are excited about the oil and gas potential of the area," said Dr. Jim Buckee, President and Chief Executive Officer. "Block 46/02 is located adjacent to our ongoing development in the Malaysia/Vietnam PM-3 Commercial Arrangement Area (PM-3 CAA) and is interpreted to contain an extension to the PM-3 CAA play. The block offers the potential for a number of small field discoveries which can be quickly and economically tied back to the PM-3 CAA facilities. The award of Block 46/02 represents a key step in our strategy to grow our Vietnam/Malaysia business." Block 46/02 has an area of three million acres and is located approximately 100 miles off the southern coast of Vietnam adjacent to the PM-3 CAA block boundary in 120-150 feet of water. A number of oil and gas discoveries were made by the previous operator of the block, which flowed at rates up to 5,500 bbls/d of oil and 26 mmcf/d of low carbon dioxide gas. The consortium's commitment on Block 46/02 includes conducting a three-dimensional seismic survey and a four well exploratory drilling program during the initial three year exploration phase.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.