The oil and gas explorer reported ongoing losses and faces significant challenges, including a dispute over its main asset and the need for additional funding to meet commitments.
The energy company has secured a farm-down and funding agreement for the development of its Mako gas field, with a major Indonesian conglomerate acquiring a 75% interest and providing full project financing.
The energy company is facing a dispute with the operator of the Duyung PSC project over outstanding cash calls, with the operator issuing a notice of election of remedy and forced withdrawal.
The energy company has announced a change in its shareholding structure.
The oil and gas company has provided an update on its Duyung PSC project, indicating the operator has placed its securities in trading halt, but offering few other details.
The energy company has announced a change in its shareholding structure.
The energy company has announced a change in its shareholding structure.
The oil and gas exploration company has announced details for its upcoming Annual General Meeting.
The oil and gas exploration company has announced a change in its shareholding structure.
The oil and gas explorer reported an annual loss and faces material uncertainty about its ability to continue as a going concern, despite some positive developments in its Mako gas field project.