Wednesday 3 December 2014

Thailand: Carnarvon Petroleum divests Thailand assets

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Carnarvon Petroleum has entered into a Sale and Purchase Agreement (SPA) to divest its remaining 20% interest in the Thailand oil production concessions L44/43, L33/43 and SW1A. Carnarvon has agreed to sell its remaining 20% interest in its Thai assets to the Berlanga Group for a total cash consideration of US$58.21 million (A$68.5 million).

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