While BP has established a $20 billion damage fund that is being administered by the Federal government, PTTEP, the party responsible for the Montara blowout in the Timor Sea, is taking a different approach. PTTEP has denied all claims from the Indonesian government arguing that oil spill damages were limited to the immediate vicinity of the Montara field. However, information presented at the Montara hearings indicates that the slick extended into Indonesian waters.
PTTEP Australia (PTTEP AA), a subsidiary of the Thai-listed PTT Exploration and Production Public Company Limited today (2 September 2010) confirmed the Government of Indonesia that it has not accepted any claims for compensation relating to the claimed impacts of oil released from the company’s Montara field in the Timor Sea last year.
What if PTTEP was the operator at Macondo?
Bud's Offshore Energy (BOE) 
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