Friday, February 24, 2017

KrisEnergy to consider selling stake in Block A

24 February 2017

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden.  Block A contains Cambodia’s only confirmed oil deposit and has been estimated to hold 700 million barrels of oil as well as 3 trillion to 5 trillion cubic feet of natural gas.

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