News Releases

Baker Botts Represents MedcoEnergi in ConocoPhillips Acquisition

Deal Description:22 November 2016 - PT Medco Energi Internasional Tbk ("MedcoEnergi") today announced that MedcoEnergi has completed its purchase of ConocoPhillips Indonesia Inc. Ltd. ("CIIL") and ConocoPhillips Singapore Operations Pte. Ltd. ("CSOP"). CIIL and CSOP are subsidiaries of ConocoPhillips.

CIIL has a 40% working interest in the South Natuna Sea Block B PSC offshore Indonesia and operates that block and the 640km sub-sea West Natuna Transportation System offshore Indonesia through which gas from several blocks is delivered to Singapore. CSOP operates an onshore receiving facility in Singapore.

Baker Botts represented MedcoEnergi in the acquisition.

Baker Botts Lawyers/Office Involved
Global Projects: Russell Wilkinson (Partner, Hong Kong); Neil Macdonald (Senior Associate, Hong Kong); Laure Cochet (Associate, Hong Kong)
Tax: Graham Brough (Special Counsel, London).

For more information, please see MedcoEnergi's news release.


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