RE:RE:RE:RE:RE:RE:RE:RE:Selat Panjang PSC 3 Years latercopperplay wrote:
Tree2tree wrote: Has anybody considered making a formal complaint to the regulators, citing specific issues that should have been reported on by now? Or a class action..
Calgary, Alberta - TheNewswire - November 4 2019 - Sonoro Energy Ltd (the "Corporation "or "Sonoro") (TSXV:SNV), through a wholly owned subsidiary company Zamatra Bakau Straits Ltd, along with its Indonesian co-venturer, announce that it is in the process of assuming full operations of the Selat Panjang oil and gas concession from SKKMIGAS. SKKIMIGAS has been in charge of the field operations since the concession was terminated by the Government of Indonesia from the previous operator. Sonoro and its partner are staffing the project with technical and operational expertise to optimize the development plan in progress.
From October 7, 2020 Press release...
As previously announced, Sonoro has engaged RISC Advisory, an independent oil and gas consultancy firm with global operations and specific expertise in South-East Asia, to complete a NI-51-101 compliant reserve assessment and report for the Selat Panjang PSC. RISC is a globally recognized reserve consultancy firm with extensive experience and expertise with certification of reserves and resources for both conventional and unconventional resources. RISC has previously worked on reserve certification at Selat Panjang with a previous operator of the PSC and as a result is well familiar with the prospects and potential in the area. RISC has previously produced NI 51-101 compliant reports for other TSX listed companies.
RISC is presently working on the report with an expectation for completion of a draft report in October and finalization shortly thereafter.