NGY 0.00% 2.5¢ nuenergy gas limited

Ann: NGY secures first CBM Plan of Development in Indonesia, page-37

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    From NGY's latest Quarterly Activities Report December 2021 with regards to its Tanjung Enim PSC in South Sumatra which was released this week –


    "NuEnergy continued its discussions and negotiations on future gas sales with PT Pertamina Gas. NuEnergy is also progressing on the necessary environmental impact studies (known as AMDAL or Analisis Manajemen Dampak Lingkungan inIndonesia) and Front-End Engineering Design (“FEED”) studies by selecting and reviewing proposals from qualified vendors and consultants. In addition, NuEnergy has received the Seller Appointment Letter (“SAL”) from the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (“SKK Migas”) that formally authorises and appoints NuEnergy to sell coal bed methane produced from the Tanjung Enim PSC on SKK Migas’s behalf."

 
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