KRX goes for the big guns

SOUTHEAST Asia-focused KRX Energy, in which Australia's Lion Energy holds 30.77%, has farmed into a Sumatran block that has up to 475 million barrels of oil and 2 trillion cubic feet of gas potential.

29 June 2012
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KRX Energy will take a 35% stake in the South Block A production sharing contract from Indonesian company PT Prosys Oil and Gas International.

Australia's Raisama Energy operates the 2105sq.

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