Vital Resources Inks LOI to Acquire Two Indonesian Fields

Vital Resources has entered into a Letter of Intent Agreement (LOI) that moves the company closer to execution of its international oil and gas growth plan.

Vital has entered into a LOI with Houston-based Tradewinds Oil & Gas International, Ltd. for the purchase of a 100 percent interest in the producing Ramok and Senabing oil and gas fields. The LOI follows the previously announced Memorandum of Understanding announced by the company on September 27.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Automation Systems Analyst II
Expertise: Business Development
Location: Houston, TX
Instrumentation & Electrical Project Estimator
Expertise: Electrician|Estimating|Project Management
Location: Spring, TX
Rockies Regional Instrumentation & Electrical Operations Manager
Expertise: Business Development|Electrician|Operations Management
Location: Durango, CO
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours