PTTEP: Two New Oil Finds Offshore Mexico

Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico.

The Mexican subsidiary of PTTEP, Thailand’s largest oil and gas producer, and three partners including the Mexican subsidiary of Spain’s Repsol SA, will be assessing commercial potential of the new discovery in two exploration wells in Block 29, PTTEP said in a statement.

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