Indonesia: Conrad Asia Energy provides Q1 activities report

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.

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