Unlocking Timor-Leste’s Hydrocarbon Potential: A Paradigm Shift
eyesoneast-timor 1. Onshore Exploration: A New Frontier For more than 40 years, Timor-Leste’s onshore hydrocarbon potential remained untapped due to geopolitical challenges. However, recent developments have opened doors to petroleum investment. Timor Resources, the operator of two Production Sharing Contracts (PSCs), has made significant oil discoveries in exploration wells, including Karau-1, Kumbili-1, and Lafaek-1. These…
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