Yesterday, Empyrean Energy announced that an independent audit by Gaffney, Cline & Associates (GCA) has estimated 2C contingent resources of 276 billion cubic feet (Bcf) to the Mako gas field, situated in the Duyung PSC, offshore Indonesia. The operator, West Natuna Exploration Limited (WNEL), has converted the Duyung PSC to the new Indonesian Gross Split PSC allowing for greater contractor spending and operational flexibility.
22 Jan 2019
Cenkos: Empyrean Energy Plc - Indonesia Update
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Cenkos: Empyrean Energy Plc - Indonesia Update
Empyrean Energy PLC (EME:LON) | 0.6 0 0.0% | Mkt Cap: 7.04m
- Published:
22 Jan 2019 -
Author:
James McCormack -
Pages:
6
Yesterday, Empyrean Energy announced that an independent audit by Gaffney, Cline & Associates (GCA) has estimated 2C contingent resources of 276 billion cubic feet (Bcf) to the Mako gas field, situated in the Duyung PSC, offshore Indonesia. The operator, West Natuna Exploration Limited (WNEL), has converted the Duyung PSC to the new Indonesian Gross Split PSC allowing for greater contractor spending and operational flexibility.