Husky acquires Exxon's stake in Madura block.(Husky Energy Inc., Exxon Mobil Corp.)(Brief Article)

From: Indonesian Commercial Newsletter | Date: November 9, 2004 | Copyright information

Husky Energy Inc based on Calgary, Canada, has acquired 68.7% of the stake of ExxonMobil in two gas fields in the Madura strait, East Java at a price of US$ 50 million. With the deal Husky, which is owned by Hong Kong tycoon Li Kashing, became the sole owner of the offshore Madura gas block that includes Madura BD and MDA gas field...

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