KrisEnergy Asia Holdings BV, subsidiary of SGX-listed KrisEnergy Ltd, has entered into a sale and purchase agreement with Premier Oil Overseas BV to acquire its indirect 41.67% working interest in Block A Aceh production sharing contract (PSC) for US$40 million. Giken Sakata (S) Limited, meanwhile, is in discussion to vary the terms of the acquisition of Cepu Sakti Energy Pte Ltd.

To subscribe please click here