Under the terms of the contract, the companies will undertake a drilling environmental impact assessment (EIA) study.
The study will enable the company to decide on starting drilling operations to commence on its concession in offshore Cambodia, Block D.
The EIA study will begin start in September 2012, and is expected to complete in approximately six months.
The Cambodian Ministry of Environment must approve the EIA report to allow CPHL to begin drilling in Block D.
