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How Conrad Asia Energy’s New Gas Deal Could Reshape Indonesia’s Energy Market

9:49am on Thursday 31st of July, 2025 AEST Energy
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How Conrad Asia Energy’s New Gas Deal Could Reshape Indonesia’s Energy Market

9:49am on Thursday 31st of July, 2025 AEST
Key Points
  • Settlement agreement to increase stake in Duyung PSC to 91.5%
  • Binding Gas Sales Agreement signed with PLN EPI for Mako Gas Field
  • A$9 million capital raise supported by institutional investors and management
  • Progress towards Final Investment Decision for Mako development
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