"Probably I would expect some decisions coming out of Chevron in the first quarter or so of 2008 about what our go-forward plans are," said
Oil is distributed over a wide area in the 6,278 square-kilometer Block A, which is around 200 kilometers off the coast of
This adds to the challenge of drawing up a viable development concept for the fields, said Green.
Meetings will take place with the Cambodian government and project partners before a final investment decision is made, he said.
In a recent report, the International Monetary Fund forecast recoverable reserves from the Chevron discoveries at 500 million barrels, with the first of three fields entering production in 2011.
The IMF predicted a