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U.K.'s Coro Energy Completes Stake Acquisition of Duyung PSC for Indonesia Project, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 58 Words

Coro Energy plc has completed the acquisition of its 15% direct interest in Duyung PSC (production sharing contract), which is located in offshore West Natuna Sea, Indonesia. Other license holders of the block include Empyrean Energy (8.5%) and Conrad Petroleum (76.5%).The Duyung PSC holds the Mako gas field, which has demonstrated commercial viability. (Project ID: 300543389).

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