KrisEnergy Ltd. Company News

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Singapore's Keppel To Buy New Bonds Of Struggling KrisEnergy
Rigbuilder Keppel Corp says it will subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its majority holding and throwing a lifeline to the debt-laden oil and gas explorer.
8:00 PM EST | November 02, 2016
KrisEnergy Spuds Bangora-6 Development Well in Bangladesh's Block 9
KrisEnergy commences drilling of Bangora-6 development well in onshore Block 9 in the Bangora field, Bangladesh.
8:00 PM EST | September 04, 2016
Singapore's KrisEnergy Warns Debt Covenants May Come Under Stress
Singapore oil and gas exploration firm KrisEnergy Ltd says some covenants on existing debt agreements could come under stress in the near term as weaker oil markets hit revenue.
8:00 PM EST | August 14, 2016
KrisEnergy Commences 3D Seismic Survey in Block G10/48 ibn Gulf of Thailand
KrisEnergy commences 3D seismic survey with the CGG Amadeus in Block G10/48 in the Gulf of Thailand.
8:00 PM EST | July 18, 2016
KrisEnergy Names Jeffrey Macdonald as Interim CEO, Replaces Keith Cameron
KrisEnergy names Jeffrey Macdonald as interim CEO after the retirement of Keith Cameron as company searches for a new chief executive.
8:00 PM EST | June 30, 2016
AWE Sells 42.5% in Indonesia's Bulu PSC to HyOil for $20.5M
AWE inks agreement to sell its 42.5 percent stake in the Bulu Production Sharing Contract offshore East Java, Indonesia to a unit of HyOil for $20.5 million.
8:00 PM EST | May 04, 2016
OTC 2016: Cambodia Decision on First Oilfield Development by Year End
Cambodia expects a decision to develop the country's first oilfield at Block A by year end, a senior government official says.
8:00 PM EST | May 01, 2016
KrisEnergy Extends Revolving Credit Facility to March 2017
Singapore-based KrisEnergy extends revolving credit facility by a year to March 2017.
8:00 PM EST | March 27, 2016
KrisEnergy: Mustika-1 Gas Find Not Likely to be Commercial
KrisEnergy Ltd reveals that gas has been discovered at the Mustika-1 exploration well, although initial indications suggest the discovery is likely to be below the economic threshold for a commercial find.
7:00 PM EST | December 13, 2015
KrisEnergy Spuds Mustika-1 Prospect in East Java Sea With KS Java Star
Singapore's KrisEnergy spuds the Mustika-1 prospect in Sakti production sharing contract in Indonesia's East Java Sea with jackup KS Java Star.
7:00 PM EST | December 06, 2015
KrisEnergy Secures Govt Approval for Rossukon Production Area Off Thailand
KrisEnergy secures government approval for the Rossukon Production Area in Block G6/48 in the Gulf of Thailand.
7:00 PM EST | November 22, 2015
KrisEnergy Bucks the Trend, Continues Projects
It is business as usual for KrisEnergy despite low oil prices as the firm presses on with field development projects in Southeast Asia.
8:00 PM EST | October 22, 2015
KrisEnergy Flows First Oil from Wassana Field in Gulf of Thailand
KrisEnergy commences production from the Wassana oil field in the G10/48 concession in the Gulf of Thailand.
8:00 PM EST | August 17, 2015
Production Commences at Nong Yao Oil Field Offshore Thailand
Mubadala Petroleum announces that production commenced at the Nong Yao oil field, located in the southern Gulf of Thailand, on June 17.
8:00 PM EST | June 17, 2015
KrisEnergy to Raise $123M for Thailand, Bangladesh Development Projects
KrisEnergy launches rights issue to raise $123 million to support its development projects in Thailand and Bangladesh.
8:00 PM EST | June 15, 2015
KrisEnergy Says First Oil from Wassana, Nong Yao Fields Likely in 2H 2015
KrisEnergy says the Wassana and Nong Yao oil fields in the Gulf of Thailand are scheduled to commence production in the second half of this year.
8:00 PM EST | May 13, 2015
KrisEnergy Finds Oil, Gas at Rossukon-3ST Well in the Gulf of Thailand
KrisEnergy finds hydrocarbons at Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand, completing its 2015 drilling program in the block.
8:00 PM EST | April 19, 2015
Key Gibraltar Drills Rossukon-3ST Well in the Gulf of Thailand
Key Gibraltar jackup spuds Rossukon-3ST sidetrack exploration well in Block G6/48 in the Gulf of Thailand.
8:00 PM EST | April 15, 2015
KrisEnergy Finds Hydrocarbons at Rossukon-3 Exploration Well Off Thailand
KrisEnergy finds hydrocarbons at Rossukon-3 exploration well in Block G6/48 in the Gulf of Thailand.
8:00 PM EST | April 14, 2015
PT Synergy Engineering Bags FEED Contract for East Java's Lengo Gas Field
KrisEnergy awards front-end engineering and design contract for the Lengo gas development, offshore East Java, Indonesia to PT. Synergy Engineering.
8:00 PM EST | April 12, 2015
KrisEnergy Spuds Rossukon-3 Exploration Well in Gulf of Thailand
KrisEnergy spuds Rossukon-3 exploration well in G6/48 contract area in the Gulf of Thailand.
8:00 PM EST | April 06, 2015
KrisEnergy Finds Thailand's Rossukon-2ST Well Drilling Results Encouraging
KrisEnergy says the Rossukon-2ST well in Gulf of Thailand's G6/48 license encountered the highest net pay of three discovery wells drilled so far in the Rossukon area.
8:00 PM EST | March 30, 2015
KrisEnergy Successfully Drills Rossukon-2 Well in Gulf of Thailand
KrisEnergy successfully drills the Rossukon-2 exploration well in G6/48 license in the Gulf of Thailand.
8:00 PM EST | March 24, 2015
CGG Amadeus Commences 3D Seismic Survey at Block 120 Offshore Vietnam
CGG Amadeus commences 3D seismic acquisition program in Block 120, offshore central Vietnam.
8:00 PM EST | March 24, 2015
KrisEnergy Spuds Rossukon-2 Exploration Well in G6/48 in Gulf of Thailand
KrisEnergy spuds the Rossukon-2 exploration well in Block G6/48 in the Gulf of Thailand as it kicks off a drilling campaign in Thailand.
8:00 PM EST | March 17, 2015
KrisEnergy Takes Over as Operator of Vietnam's Offshore Block 105
KrisEnergy takes over as field operator of Vietnam's offshore Block 105 from Eni.
8:00 PM EST | March 09, 2015
AWE Updates on its Upstream Development Projects in Australia, Indonesia
AWE provides an updates on the development of the company's oil and gas projects in Australia and Indonesia.
7:00 PM EST | February 25, 2015
Government Approves Change in Equity Stakes in Blocks 105, 120 Off Vietnam
The Vietnamese government has endorsed changes to the equity stakes held in Blocks 105 and 120 off Vietnam after Neon Energy's withdrawal from the permits.
7:00 PM EST | February 15, 2015
MedcoEnergi Inks Agreement to Sell Gas from Aceh's Block A to Pertamina
MedcoEnergi inks agreement to sell $2 billion of gas to Pertamina from Block A, Aceh, Indonesia.
7:00 PM EST | January 27, 2015
KrisEnergy Commcences 2D Seismic Survey at Udan Emas PSC in West Papua
KrisEnergy commences 2D seismic survey in Indonesia's onshore Udan Emas production sharing contract in West Papua.
7:00 PM EST | January 27, 2015
KrisEnergy 2 Completes 2D Seismic Survey in SS-11 Block Off Bangladesh
KrisEnergy completes 2D seismic acquisition program in the SS-11 exploration block offshore Bangladesh.
7:00 PM EST | January 22, 2015
KrisEnergy Completes Acquisition of Sumatra's Block A Aceh PSC
KrisEnergy completes acquisition of Block A Aceh production sharing contract in Sumatra, Indonesia from Premier Oil.
7:00 PM EST | January 12, 2015
KrisEnergy Receives Nod to Develop Lengo Gas Field Offshore East Java
KrisEnergy gets approval to develop Lengo gas field in the Bulu production sharing contract offshore East Java, Indonesia.
7:00 PM EST | December 30, 2014
Marine Contracting Moves Cendor MOPU to Batam in Indonesia for Upgrade Work
Marine Contracting transports the Cendor Mobile Offshore Production Unit from the Cendor field offshore Malaysia to Batam, Indonesia for upgrade work.
7:00 PM EST | December 01, 2014
KrisEnergy Charters FSO, CALM for Wassana Oil Project in Gulf of Thailand
KrisEnergy charters Rubicon Vantage floating storage and offloading vessel and a catenary anhchor leg mooring buoy for the Wassana oil development in the Gulf of Thailand.
8:00 PM EST | October 26, 2014
KrisEnergy Formally Takes Over as Operator of Cambodia's Offshore Block A
KrisEnergy receives official approval to take over as operator of offshore Block A in Cambodia and plans to submit a revised development plan soon.
8:00 PM EST | October 01, 2014
KrisEnergy Kicks Off Seismic Gig Offshore East Java
KrisEnergy commences acquisition of 2D seismic data in the Sakti PSC offshore East Java.
8:00 PM EST | September 07, 2014
KrisEnergy Completes Drilling at Mancharee-1 Well in Gulf of Thailand
KrisEnergy completes drilling at Mancharee-1 exploration well in Block G10/48 in the Gulf of Thailand, but did not find any significant pay zones.
8:00 PM EST | August 25, 2014
KrisEnergy, Eni Execute Deed for Transfer of Neon's Stake in Vietnam Blocks
KrisEnergy and Eni execute deed for the transfer of Neon Energy's working interest in Blocks 105 and 120 offshore Vietnam to both firms.
8:00 PM EST | August 11, 2014
Singapore's KrisEnergy Buys Out Chevron In Cambodian Oil Block
KrisEnergy agrees a $65 million deal to buy out Chevron's interest in an offshore oil block in Cambodia and take over as the block's operator.
8:00 PM EST | August 10, 2014
KrisEnergy Acquires Premier Oil's Stake in Sumatra's Block A Aceh for $40M
KrisEnergy acquires Premier Oil's stake in Block A Aceh production sharing contract in Sumatra, Indonesia for $40 million.
8:00 PM EST | June 30, 2014
Mubadala Fails to Find Hydrocarbon at Rojana-1 Well in Gulf of Thailand
Mubadala Petroleum fails to find hydrocarbon at the Rojana-1 exploration well in block G11/48 in the Gulf of Thailand.
8:00 PM EST | June 29, 2014
KrisEnergy Proceeds With Wassana Oil Field Development in Gulf of Thailand
KrisEnergy approves final investment decision for the development of the Wassana oil field in the Gulf of Thailand's G10/48 license.
8:00 PM EST | June 29, 2014
Shelf Clinches Contract from KrisEnergy to Drill in the Gulf of Thailand
Shelf Drilling clinches contract from KrisEnergy for jackup Key Gilbraltar to drill in two licenses in the Gulf of Thailand commencing in January 2015.
8:00 PM EST | June 23, 2014
Mubadala Spuds Rojana-A Well in Block G11/48 in Gulf of Thailand
Mubadala Petroleum spuds the Rojana-A exploration well in Block G11/48 in the Gulf of Thailand with the Atwood Orca jackup.
8:00 PM EST | June 22, 2014
Neon Inks Deed to Transfer 42% Stake in Tanjung Aru PSC to KrisEnergy
KrisEnergy executes a deed of assignment for the transfer of Neon Energy's 42 percent stake in Tanjung Aru production sharing contract offshore Kalimantan, Indonesia to the firm.
8:00 PM EST | June 19, 2014
KrisEnergy Completes Take Over of Block G10/48 in Gulf of Thailand
KrisEnergy completes acquisition of MP G10 (Thailand), which is the operator holding a 75% working interest in Block G10/48 in the Gulf of Thailand.
8:00 PM EST | May 26, 2014
KrisEnergy Acquires Mubadala's 75% Stake in Block G10/48 Offshore Thailand
KrisEnergy acquires Mubadala Petroleum's 75 percent stake in Block G10/48 in the Gulf of Thailand.
8:00 PM EST | May 21, 2014
KrisEnergy Gains Approval for 30% Stake in Block G6/48 in Gulf of Thailand
KrisEnergy gains approval to acquire 30 percent stake and operatorship of Block G6/48 in the Gulf of Thailand, while lowering its interest in Block G11/48 to 22.5 percent.
8:00 PM EST | May 07, 2014
KrisEnergy Takes Over Neon's 42% Stake in Tanjung Aru PSC Off Kalimantan
KrisEnergy takes over partner Neon Energy's 42 percent stake in the Tanjung Aru block, offshore Kalimantan, Indonesia after the latter defaulted on payment for a seismic acquisition program.
8:00 PM EST | May 05, 2014