Crude oil regained grounds Friday, but was still below US$50 per barrel. Other than volatility of crude oil, market participants are now waiting Indonesian government’s decision on the strategic Mahakam Block. Politicians have mounted pressures toward state-owned oil and gas company Pertamina to fully control the block. In this report: Ande-Ande Lumut, Lengo Gas, Kuda/Singa Laut, Block A Aceh, and Lion Energy.To subscribe please click here
