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Anzon completes sale of Indonesian operations


Published Nov 15, 2007
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Anzon completes sale of Indonesian operations

Anzon Energy Limited (“AEL”) says that the sale of its shares in PT Binatek Reka Kruh (which holds the Kruh TAC, located in South Sumatra) and PT Indama Putera Kayapratama (which holds the Kaya TAC, located in South Sumatra) has been completed.

Total funds of US$5.3 million have been received by the Company in respect of the sale.

Following the sale of the Indonesian Operations, AEL’s only oil and gas asset is its 53% equity interest in Anzon Australia Limited.

Tags: Anzon Energy Limited




   

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