Rochester, NY 8/7/2009 4:12:44 PM
After Hours - BHP Billiton plc BBL, BHP Billiton Pull Out Its Investment in Indonesia
BHP Billiton plc BBL
BHP Billiton has formally withdrawn its investment. Secretary to Director General of Mineral, Coal and Geothermal Witoro Soelarno said the company had submitted the disclaimer to the authority.
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"The decision is purely concerned with business issue," he said last Wednesday, August 5.
BHP Billiton Plc, together with its subsidiaries, operates as a diversified natural resources company. The company engages in exploration, production, development, and marketing of oil and gas properties.
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