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PTTEP pushes back Montara start to third quarter

20-Jan-2012 Intellasia | Dow Jones Newswires | 6:51 PM

PTT Exploration and Production will postpone the start of commercial operations at its Montara oil field offshore Australia until the third quarter.

The delay is the PTTEP’s latest for the project, located in the Timor Sea off northern Australia, the site of the worst spill in Australia’s history. In August 2009, a drilling rig at Montara sprung a leak that eventually exceeded 20,000 barrels.


Category: ResourceAsia

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