Andalas Energy & Power #ADL – Conditional Acquisition of Indonesian oil project
Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), is pleased to announce it has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (the “Bunga Mas PSC” or the “PSC”), located in South Sumatra, Indonesia. Highlights: Acquisition of initial 25% participating interest […]
CEB Resources – Agreement to Assess Opportunities in Tuba Obi East Concession, South Sumatran Basin
CEB Resources plc, the AIM listed investing company, is pleased to announce that it has agreed with PT Akar Golindo (PTAG) to assess the technical and commercial opportunities for monetising gas in and around the Tuba Obi East oil and gas concession in the South Sumatran Basin. Under the terms of the agreement CEB and […]