Citic has agreed to sell a 10% interest in the Seram (Non-Bula) PSC Extension, 1,288 sq km onshore Seram Island, to a yet-unnamed 3rd party for USD 3.8 MM cash. The deal is subject to usual approvals. Partnership to be Citic (op), Kufpec, Gulf Petroleum Investment, Lion Energy + new partner.  
Citic has agreed to sell a 10% interest in the Seram (Non-Bula) PSC Extension, to a yet-unnamed 3rd party for US$3,8 MM. Kufpec, Gulf Petroleum Investment, Lion Energy + new partner.