SGX-listed KrisEnergy Ltd has issued a default of notice to Neon Energy (Indonesia) Pty Ltd related to financing of seismic acquisition of Tanjung Aru production sharing contract completed last month. KrisEnergy and Neo Energy are partners in the block, located offshore Kalimantan. In the meantime, Mudajaya Group (Malaysia) has entered into an MoU to acquire 75% interest in PT Harmoni Energy Indonesia.

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