Block A oil on track

Last month’s purchase by Singapore-listed KrisEnergy of a 42.75 percent working interest in the Block A offshore energy concession made them a majority owner in the project, with an overwhelming control of 95 percent of the stakes. This acquisition is expected to accelerate the development of the project, a senior official at the Ministry of Mines and Energy said yesterday. …

May Kunmakara
http://www.khmertimeskh.com/news/31655/block-a-oil-on-track/