09:35 AM EST - Husky Energy : announced that it has received approval from the Government of Indonesia for an extension to the existing Madura Strait Production Sharing Contract, originally awarded in 1982. The Madura Strait PSC includes the Madura BD and MDA fields, as well as numerous other prospects and leads. The Madura BD field, which contains natural gas and natural gas liquids, is located in the Madura Strait, offshore East Java, Indonesia. The government approval provides a 20-year extension to the existing production sharing contract which would have expired in 2012. Husky Energy
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