Yahoo · Oct 12, 2026
Medco Energi Agrees to Acquire 10% Interest in Four Eni Oil and Gas Blocks in Indonesia
PT Medco Energi Internasional (USOTC:PTGIF) has reached an agreement with Eni (BIT:ENI) to acquire a 10% participating interest in four oil and gas blocks in Indonesia’s Kutai Basin, located in East Kalimantan. The agreement covers the Muara Bakau, Ganal, West Ganal and East Ganal blocks, according to an announcement by the Indonesian energy company on Monday.

