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Drilling for hope - Can Apsara oil rescue KrisEnergy and fuel Cambodia’s economy?
Thu, 25 February 2021
The Kingdom’s maiden oil project has two roles to play - to save a bleeding firm and to grow an economy
The future of the Cambodian oil sector rests squarely on KrisEnergy Ltd’s shoulders, a promise it has had to make good since 2013.
Just under a decade last year with the first extraction three days shy of the December 31 deadline to produce or risk contract cancellation, it fulfilled the pledge after overcoming hurdles.
The hurdles consisted of regulatory and operational issues, as well as a protracted and steep oil price downturn since 2014 and the Covid-19 pandemic. ....

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