Cambodia Struck Oil...

Cambodian offshore oilfields may yet yield millions of barrels more oil than previously estimated, a senior government official said Monday. Speaking at a seminar in Phnom Penh on the country's oil and gas assets, Cambodian National Petroleum Authority director-general Te Duong Tara said exploration by US oil giant Chevron in its Block A allocation alone indicated that its initial estimate of around 400 million barrels had been too conservative.
Block A is one of six demarkated areas. Japanese, Chinese, South Korean, Malaysian, Indonesian, Singaporean and Thai interests are also involved in Cambodian offshore oil exploration, Tara Said.