Canasia awarded petroleum concession in Thailand
Canasia Energy Corp announced it has been awarded a petroleum concession for Onshore Exploration Block No. L8/66 in Thailand, though the terms and conditions of the agreement are not yet known.
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Canasia Energy Corp announced it has been awarded a petroleum concession for Onshore Exploration Block No. L8/66 in Thailand, though the terms and conditions of the agreement are not yet known.
CanAsia Energy has been awarded a concession for Thailand onshore exploration Block L8/66, with Pan Orient Energy (Siam) as operator. CanAsia will hold a 30% non-operated interest. A US$14.3 million performance guarantee is required over six years, with CanAsia's share being US$4.3 million. A signature bonus of US$300,
CanAsia announced the award of a petroleum concession for the Onshore Exploration Block No. L8/66 in Thailand.
Dialog Group Berhad's 50.01% indirect joint venture, Pan Orient Energy (Siam) Ltd, has been awarded the concession rights and operatorship for the L8/66 exploration block onshore Thailand by the Government of Thailand. The block award is subject to finalisation of the Concession Agreement and fulfilment of conditions p