The license holders of the Duyung PSC are now Conrad Petroleum (76.5% operated interest), Coro (15% non-operated interest) and Empyrean Energy (8.5% non-operated interest).
The publication of a revised independent reserve audit report from Gaffney Cline & Associates, following a successful appraisal drilling campaign in 4Q19, is expected later in the month.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/22052020/coro-energy-completes-acquisition-of-interest-in-duyung-psc/
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