ASIA

Neon asked to withdraw over cash call

NEON Energy has been taken by surprise by KrisEnergy's decision to issue it with a notice of withdrawal for the Tanjung Aru production sharing contract offshore East Kalimantan, Indonesia.

Neon asked to withdraw over cash call

Neon has been called to withdraw over an unpaid $US1.3 million ($A1.4 million) cash call over the 3D seismic operations in the permit, which was due on April 2, 2014. "Neon has had a close working relationship...

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