The deal, which could represent the largest oil-and-gas M&A transaction in the country's history, is also seen as setting the tone for deals in a country that investors hope will see continued reforms after a historic election win by Aung San Suu Kyi's National League for Democracy last year, Reuters reported.
Banking sources cited by the news wire identified about a half-dozen potential suitors, likely including Australia's Woodside Petroleum, Thailand's PTT Exploration & Production, Japanese trading houses and Chinese companies.
Analysts
