C o-Prime Ministers HRH Prince Norodom Ranariddh and HE Samdech Hun Sen made
their first visit to one of two offshore oil drilling operations in Cambodian
territorial waters last week.
Departing Phnom Penh in separate
helicopters, the premiers flew 150 km south of Kompong Som where Enterprise Oil
spudded its first exploratory well in mid-January using the "Canmar Explorer
III", an Ice-class oil exploration ship most recently in service in the Arctic
Prince Ranariddh and Hun Sen were hosted by Enterprise's
International Operations Director Ed Harris, who flew out from London.
Commenting on the firm's three-year presence in Cambodia Harris said
"our current well program is the culmination of a $20 million investment
Enterprise one of the largest foreign investors in the
Harris added that he was "very impressed with the progress made
on political and economic stability in the country, this will increase the
confidence of international companies like Enterprise Oil."
plans to drill to depths in excess of 3,000 meters below the ocean floor after
which results will be analyzed before any decisions on future exploration or
production efforts are made.