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Is it the end of the road for KrisEnergy?


28 April 2021 23:25 GMT
Updated 
28 April 2021 23:25 GMT
in 
Singapore
Cash-strapped Singapore-headquartered KrisEnergy has been dealt another blow with the independent review of production from its flagship Apsara oilfield offshore Cambodia.
Consultants Netherland, Sewell & Associates (NSAI) studied performance data of Apsara’s five wells since they were brought on stream on 21 February and its conclusions do not make for happy reading.
NSAI estimated ultimate recovery from the five development wells is likely to be “a small fraction” of pre-development estimates, primarily due to significantly lower volume of hydrocarbons-in-place connected to the wells and the geological complexity resulting in smaller oil accumulations.
ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE ....

Kelvin Tang , Keppel Corporation , Sewell Associates , Bank To Krisenergy , Cash Strapped Singapore Headquartered Krisenergy , Cambodia Block , Kepinvest Singapore , கெல்‌விந் டாங் , கெபல் நிறுவனம் , தையல் கூட்டாளிகள் , கம்போடியா தொகுதி ,

Fresh blow for KrisEnergy after Cambodia oilfield review woe


28 April 2021 23:25 GMT
Updated 
29 April 2021 9:41 GMT
in 
Singapore
Cash-strapped Singapore-headquartered KrisEnergy has been dealt another blow with the independent review of production from its flagship Apsara oilfield offshore Cambodia.
Consultants Netherland, Sewell & Associates (NSAI) studied performance data of Apsara’s five wells since they were brought on stream on 21 February and its conclusions do not make for happy reading.
NSAI estimated ultimate recovery from the five development wells is likely to be “a small fraction” of pre-development estimates, primarily due to significantly lower volume of hydrocarbons-in-place connected to the wells and the geological complexity resulting in smaller oil accumulations.
ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE ....

Kelvin Tang , Keppel Corporation , Sewell Associates , Bank To Krisenergy , Cash Strapped Singapore Headquartered Krisenergy , Cambodia Block , Kepinvest Singapore , கெல்‌விந் டாங் , கெபல் நிறுவனம் , தையல் கூட்டாளிகள் , கம்போடியா தொகுதி ,