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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Mac who wrote (10366)	6/2/2006 7:43:20 AM
From: TheSlowLane	Respond to of 25575

I heard that CIBC raised their target for HSE to $95, but haven't verified that. Wouldn't surprise me. Meanwhile, back at the ranch... Indonesia awards 4 new oil/gas contracts to Husky Energy, Exxon Mobil, 2 JAKARTA, Jun 02, 2006 (XFN-ASIA via COMTEX News Network) -- The government has awarded four new oil and gas contracts to Malaysia's Petronas Carigali Overseas Sdn Bhd, Husky Energy Inc, Exxon Mobil and Marathon International Petroleum Indonesia Ltd after accepting bids for seven blocks in a tender for a total of 14 blocks, an official said. Energy and Mineral Resources director for the upstream business Novian Thaib told reporters the government awarded the Lampung 2 block in South Sumatra to Petronas Carigali and the East Bawean 2 block in East Java to Husky Energy, a unit of Hutchison Whampoa Ltd. He said the Surumana block and Pasangkayu block in Makassar Strait were awarded to ExxonMobil and Marathon International Petroleum, respectively. "We are pleased with the success of this tender round. This opportunity, together with our operations in Aceh and the development of Cepu and Natuna, demonstrate our commitment to our investment in Indonesia," said ExxonMobil Oil Indonesia Inc spokesperson Deva Rahman.