Gulf Oil and Gas accountACCOUNT

Mirach Receives Approval of Final Extension of Cambodia Block D Exploration Period

Source: www.gulfoilandgas.com 8/6/2015, Location: Asia

The Board of Directors of Mirach Energy Limited wishes to announce that the associate company, CPHL (Cambodia) Company Ltd (CPHL) has received the official letter from the Ministry of Mines and Energy notifying CPHL that the Royal Government of Cambodia has approved the final extension of exploration period of BLOCK D to December 2018.

In the meantime, CPHL has been working out the details of the exploration drilling project and drilling rigs commissioning with the subsidiary units of Landocean Energy Services, PST Service Corporation (PST) and Chengdu Western Union Petro Engineering Technology Co. Ltd (UP). We aim to finalise the details of the technical contracts under the Project Cooperation Agreement with them, as noted in the announcement dated 2 June 2015. The Company certainly hope to start drilling assoon as possible with this extension.

The approval of final extension of exploration period is not expected to have any material impact on the net tangible assets or earnings per share of the Group for the financial year ending 31 December 2015.

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.

Exploration News in Cambodia >>

United States >>  12/2/2020 - Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development, has provided an update on its project in the Parado...
Brazil >>  11/27/2020 - As announced in the Official Gazette (DOU) of 11/27/2020, the ANP published the draft tender protocol and draft of concession agreement for the 17th B...

Guyana >>  11/27/2020 - Frontera Energy Corporation (FEC) (Frontera) and CGX Energy Inc ("CGX") announce that their constructive and collaborative discussions with the Govern...
Australia >>  11/25/2020 - Falcon Oil & Gas has provided an update on exploration activity in the Beetaloo Sub-basin, Northern Territory, Australia following the successful hydr...

Cameroon >>  11/24/2020 - Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to announce that its wholly owned subsidiary Gaz du...
Tanzania >>  11/24/2020 - Scirocco Energy, is pleased to announce an operational update on its Ruvuma asset (WI 25%) and the plan to progress the Ntorya gas discovery situated ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Cambodia Oil & Gas 1 >> 

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.