"We signed the agreement in December, but we're still waiting for approval from (Indonesia's upstream oil and gas regulating body) BPMigas," said Hsu.
CPC got a 24.5% stake in a block in the Arafura Sea operated by
CPC is exploring for oil and gas in
CPC also produces around 400 million cubic meters of natural gas onshore
CPC plans to boost this year's exploration and production budget by half to