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How Conrad Asia’s $320M Deal Unlocks Mako Gas Production by 2027
11:42am on Friday 30th of January, 2026 AEDT
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Energy
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How Conrad Asia’s $320M Deal Unlocks Mako Gas Production by 2027
11:42am on Friday 30th of January, 2026 AEDT
Key Points
NNB acquires 75% interest and funds 100% of Mako development costs
Conrad’s subsidiary retains 25% interest, fully carried through production
Settlement reached with Empyrean Energy over historical cash call arrears
Seismic acquisition planned for Aceh PSCs to expand resource base
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Conrad Asia Energy (ASX:CRD)
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