Sep 25, 2013
The Irrawaddy Newsmagazine
Oil wells in the Burmese town of Chauk in Magway Division.
In an apparent bid to make tenders to explore for oil and gas more attractive, Burma's Ministry of Energy is inviting international companies preparing their bids to suggest their own terms for profit sharing with the government, a ministry official said Tuesday.
Myanmar's oil potential touted
Singapore's Interra Resources Ltd. announced it completed drilling its 14th oil well at the Chauk oil field in Myanmar.