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Conrad increases stake in Duyung PSC to 91.5%

Move enhances ability to bring Mako project to FID

Colin Sandell-Hay
Conrad Asia is moving ahead with offshore Indonesia developments.

Conrad Asia is moving ahead with offshore Indonesia developments. | Credits: Conrad Asia

Conrad Asia Energy has wrapped up an agreement which  will see it move to 91.5% ownership of the Duyung PSC offshore Indonesia. The ASX-listed, Asia -focussed junior has previously held a 76.5% operated...

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