AWE Ltd targets its Ande Ande Lumut oil project to start producing oil in 2017. Development of K Sand (101 million barrels, gross), however, requires development capital expenditures of US$800 million. How about its Bulu, North Madura, and Terembu production sharing contracts? Also in this report: NuEnergy, Ramba Energy, and KrisEnergy Ltd.
To subscribe please click here
