KrisEnergy adds acreage offshore Vietnamese

Offshore staff

SINGAPORE KrisEnergy has increased its presence offshore Vietnam in blocks 105 and 120 after Neon Energy withdrew from the Eni Vietnam-led consortium.

Following an April 2014 agreement, an amended investment certificate for block 105 and block 120 has been issued by the Ministry of Industry and Trade of Vietnam.

The amended investment certificate for block 105 reflects the revised working interest holding of 66.67% by Eni Vietnam and 33.33% by KrisEnergy. The amended investment certificate for block 120 reflects the revised working interest holding of 66.67% by Eni Vietnam and 33.33% by KrisEnergy.

02/16/2015

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