Monday, June 7, 2010
Were Blocks L and M previously part of Malaysia, revisited
The US-based company said on its website on Wednesday, April 21 that it was informed by Petronas following the execution of the exchange of letters between Malaysia and Brunei on March 16, 2009, the offshore exploration areas designated as Block L and Block M were no longer a part of Malaysia.
"As a consequence, the production sharing contracts covering Blocks L and M, awarded in 2003 to Petronas Carigali Sdn Bhd and Murphy, were formally terminated by letter dated April 7, 2010," it said.
The controversy over the two blocks have arisen after former Prime Minister Tun Dr Mahathir Mohamad had in a blog posting asked why the two blocks no longer belonged to Malaysia.
Dr Mahathir said the two blocks had been claimed by Malaysia based on historical facts.