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Expansion of Rengat PSC Exploration Period

Source: www.gulfoilandgas.com 11/27/2015, Location: Asia

NuEnergy Gas Limited wish to update on the initial term of the Exploration Period for the Rengat Production Sharing Contract (“PSC”) for a period of six years commencing from 30 November 2009 that will end on 29 November 2015.

The Company has made an application to Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyakdan Gas Bumi (“SKK Migas”) to apply for a one time extension for an additional maximum period of four years.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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