NZOG has agreed to offload its remaining 25% in the Bohorok PSC in N. Sumatra to optr Bow Energy. Conditions include a cash payment of USD 2 MM to NZOG if/when a 1st well* comes on stream, USD 1 MM more for a 2nd well. Â Bow is now sole holder of the 5,022-sq km block.   *Bow Kaya-1 is planned in 2019, target gas + cond in the Belumai + Keutapang fmâs.
NZOG has agreed to offload its remaining 25% in the Bohorok PSC in N. Sumatra to optr Bow Energy. Conditions include a cash payment of USD 2 MM to NZOG if/when a 1st well* comes on stream, USD 1 MM more for a 2nd well.  Bow is now sole holder of the 5,022-sq km block. *Bow Kaya-1 is planned in 2019, target gas + cond in the Belumai + Keutapang fmâs.