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'Significant' oil discovery made in Malaysia

Monday 21st of November 2011

Borneo is mostly known for its beautiful tropical environment but that might be changing soon as a "significant" oil discovery was recently made off its shores, according to The Borneo Post.

The Malaysian state-owned oil and gas company Petroliam Nasional Bhd. (Petronas) discovered oil offshore near the state of Sabah, located on the northern portion of the island of Borneo.

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http://www.pennenergy.com

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