51. There was also a concern that the testing could later lead to drilling if oil was found, Hill said. 52. Furthermore, experts note that if oil is found, the exploration costs may be sky-high because of the rocky ocean floor. 53. The report said the oil was found in the Ambakiang and Tundakan villages in Hulu Sungai Utara district in the province of South Kalimantan. 54. It was sunk in August last year and was twice deepened beyond its total planned depth after failing to find significant oil. 55. The Indonesian subsidiary of US-based Unocal International Oil and Gas Division has found oil offshore from East Kalimantan, the official Antara news agency said here Thursday. |