Premier Oil Seeks Buyers for Stake in Indonesia Gas Field
Premier Oil is seeking buyers for a 25 percent stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam, Chief Executive Tony Durrant said on Thursday. Premier and SKK Migas signed on Nov. 10 an agreement to sell gas to Vietnam from the Tuna development, Premier said in a trading update.
Wentworth Sees Surging Cash Flow After Tanzania Gas Deal
Oil explorer Wentworth Resources expects its cash flow to surge from the first quarter of next year as it earns revenues from a new gas sales deal at its Mnazi Bay and Msimbati Gas fields in Tanzania, it said on Monday. Tanzania signed an agreement with French oil producer Maurel et Prom and Wentworth…
