Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A memorandum of understanding was signed by Cambodia and Thailand a decade ago in order to jointly manage the petroleum resources found in the region but the area still remains relatively unexplored.

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html