Asia's Oil and Gas Game Moves Into New Territories

SINGAPORE, June 6, 2012 /PRNewswire/ --

- 17^th Asia Oil Week 2012 in Singapore reveals new business opportunities

With new bid rounds in Sri Lanka and Indonesia, open acreage in many countries, shale gas exploration in China and Australia and new possibilities for Oil Search's LNG project in Papua New Guinea, Asia's upstream oil and gas market is opening new frontiers, offering new business opportunities for the growing number of independents in Asia and expanding state oil companies.

At Global Pacific & Partners 17^th Asia Oil Week 2012 in Singapore, a landmark event for Asia's exploration industry, keynote speakers from all over the world and senior executives from super-majors, independents, government and national oil companies gather to interface, network and negotiate deals. They will discuss Asia's emerging frontiers and upstream potential over an intensive three-day programme based on key issues like upstream ventures, government policies and acreage opportunities, commercialisation, risks and investments, new frontier potential in shale gas/oil and CBM-CSM, Australian companies in Asia's upstream market and Asia's oil risks/threats and hydrocarbon future.

The 17^th Asia Oil Week is held in Goodwood Park Hotel, Singapore, from June 25th until 27^th. The conference starts with the 21st Asia Petroleum Strategy Briefing, the longest running Strategy Briefing held in Asia, on Monday, June 25^th, presented by Dr Duncan Clarke, Chairman & CEO of Global Pacific & Partners. He is a leading global strategist, speaker and author on the fast-changing world of oil and gas industry, noting recently:

"Asia's oil and gas game is moving into new territories, with established producer countries and corporate players eyeing new strategies, and re-discovered frontiers across this vast region, from Pakistan to New Zealand," adding … "Independents have opened new plays and state oil companies have shaped global strategies, while licensing agencies and Ministries seek more exploration dollars."

Other presentations during the conference are to be made by CEO's and managing directors of companies like Talisman Energy, Premier Oil, Roc Oil, Mubadala Oil & Gas, Japex, Cairn India, KrisEnergy, Oil Search and Petromin PNG Holdings - with senior officials speaking as government representatives from the Philippines, New Zealand, Timor Leste, Sri Lanka, Indonesia and Bangladesh.

More information: http://www.petro21.com or http://www.asia-oilweek.com