Indonesian independent Medco Energi is making early development moves on its next satellite offshore discovery in the multi-field South Natuna Block B complex.
The Jakarta-based company is listed on the Indonesian Stock Exchange and has grown impressively in the recent years via acquisitions and drillbit success.
Medco is on an investment spree in Block B with a host of discoveries being developed.
The company expects to bring the Hiu gas field on stream imminently, followed by the Belida-Malong gas extension in the fourth quarter of this year, then the Bronang gas and Forel oil projects in the fourth quarter of next year.
