BUSINESS
Wednesday, Oct 25, 2006, Posted at: 20:51(GMT+7)
Big Bear Keeps on Delivering the Goods
Oil exploitation in the Big Bear Mine

Prime Minister Nguyen Tan Dung has given PetroVietnam and its Petroleum Exploration and Production subsidiary the go-ahead to continue exploring and mapping Block 05-1 of the Dai Hung (Big Bear) gas and oil field.

According to a report signed by the PM, Big Bear contains reserves of nearly 355 million barrels of crude oil, 8.5 billion cubic meters of gas and 1.48 million barrels of condensate.


 

By BC - Translated by Uyen Phuong
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