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INDONESIAN OPERATORSHIP TO CHANGE HANDS

08.01.1990 / Energyboardroom

Roy M. Huffington Inc., Houston, will transfer management responsibilities for its East Kalimantan, Indonesia, oil and gas joint venture to two of its joint venture partners, Union Texas Petroleum Holdings Inc. and Ultramar plc. Virginia Indonesia Co., an affiliate of Union Texas and Ultramar, is expected to offer comparable employment to Huffington personnel, which number about 2,200 persons, including more than 1,900 Indonesians. The companies are negotiating a definitive agreement, and the

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