Wednesday, June 27, 2007

Total Is Selected to Market AED's Puffin Crude Oil Pumped From Timor Sea

(Bloomberg) -- Total SA, Europe's third-largest oil
company, won a selection process to market crude oil from AED Oil
Ltd.'s Puffin project in the Timor Sea, which is due to start
production next month.

The agreement for the marketing of Puffin North East Crude
Oil is with Total Oil Trading SA, or Totsa, Melbourne-based AED
said today in a statement to the Australian Stock Exchange. The
oil is a ``premium-quality light sweet crude,'' the company said.


Read more at Bloomberg Energy News

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