|  |
 Biz-Day.com - dedicated to quality business news in English!
|
|
|
Test drive a BMW today!
|
 Energy
|
04 Dec 06 03:33
|
|
|
GS Caltex finds oil, natural gas in northern Thailand
|
|
|
|
Vipin Wilson
|
Bangkok, Dec 4: GS Caltex Corp. announced yesterday it has detected a gas and oil reserve in its ground development project in northern Thailand.
The nation's second-largest oil refinery said the secured reserves are expected to produce 1,254 barrels of crude oil per day and 720,000 cubic meters of natural gas.
The company purchased a 30 percent stake in the exploration project from Siam Moeco Ltd. in July as part of efforts to secure crude oil supplies.
GS Caltex officials stressed...
|
|
|
|
Front Page
 Printer-friendly version
 Mail to friend
|
|
|
|
