KrisEnergy has accepted a binding letter of offer from an undisclosed buyer for its 30% non-operated interest in the Andaman II PSC, 7,400 sq km in the Malacca Strait, N. Sumatra Basin. The long stop date for the disposal is 31 Mar '20. KrisEnergy intends to focus on producing assets in Bangladesh, Gulf of Thailand and the Apsara oil field in Cambodia. Partners otherwise Premier (op) + Mubadala.
Indonesia, Andaman II