Indonesia: Conrad Asia Energy signs Mako gas sale key terms with PGN energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Empyrean Energy PLC (AIM:EME) said it could sell off its 8.5% holding in Mako, the largest undeveloped and fully appraised gas field in the West Natuna.
Conrad Asia Energy, the ASX-listed Asia-focused natural gas exploration and development company, has provided an overview of activities for the period ending 31 March 2023. Conrad has engaged a global investment bank to lead a farm-down process for the divestment of a portion of Conrad’s interest in the Duyung PSC. Bids are expected to be received during the June quarter and the industry response to date has been encouraging.