4 January 2024 FURTHER EXTENSION OF HEADS OF AGREEMENT FOR INITIAL GAS SALES FROM THE TANJUNG ENIM’S PLAN OF DEVELOPMENT 1
NuEnergy Gas Limited (“NuEnergy” ASX: NGY). Reference is made to the announcement on 10 February 2023 and 22 August 2023 (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. NuEnergy wishes to announce that its subsidiary Dart TE and PT LARAS ENERGY has on 3 January 2024, mutually agreed to further extend the Heads of Agreement (“HOA”): (a) to 30 March 2024; or (b) upon the execution of a Gas Sale and Purchase Agreement between the Parties; or (c) upon the Parties agree in writing to terminate the HOA before 30 March 2024;
whichever comes first.
NGY Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
