Aren’t Newfield selling of their Malaysian assets? Anyone have change to spare?
Dateline 2013-04-03:
Newfield Exploration Co. (NFX), the U.S. oil producer exploring the sale of offshore assets, had what it called the “largest conventional exploratory success” in its history with a natural gas discovery off the coast of Malaysia.
The B-14 well encountered 1,585 feet (483 meters) of net natural gas in about 250 feet of water 50 miles (80 kilometers) offshore, The Woodlands, Texas-based company said in a statement today after the close of regular trading. Newfield operates Block SK 310 and has a 30 percent interest. Mitsubishi Corp. (8058) owns 30 percent and Petronas Carigali holds 40 percent, Newfield said.
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Wata - Malaysian Oil and Gas Engineer 