04.12.2009 - Singapore's Temasek sells oil exploration unit
From Reuters: Singapore state investor Temasek announced on Thursday it has sold oil exploration unit Orchard Energy to a Singapore-listed firm, less than two years after setting up the unit. RH Petrogas will pay S$351,000 to S$371,000 for Orchard, which holds a production-sharing contract for an area in Indonesia's South Sumatra, RH Petrogas and Temasek said.................................Full Article: Source
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