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PMs fly to Enterprise ship

PMs fly to Enterprise ship

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

Ocean.

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

program."

Enterprise one of the largest foreign investors in the

Kingdom.

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."

The company

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.

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