Indebted oil company reports lower-than-expected oil at Cambodian block

7 April 2021
Off-shore oil and gas exploration and extraction / Oil and gas / Oil and gas resources
KrisEnergy

KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty … to continue as a going concern.” …

 Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/

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