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How Conrad’s US$5M Milestone Propels Mako Gas Field Toward Production
10:12am on Monday 23rd of February, 2026 AEDT
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Energy
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How Conrad’s US$5M Milestone Propels Mako Gas Field Toward Production
10:12am on Monday 23rd of February, 2026 AEDT
Key Points
US$5 million first instalment received from NNB PI Transfer
Total agreed consideration of US$16 million for farm-out transaction
Conrad’s operated interest in Duyung PSC rises to 22.875%
Settlement of cash call arrears dispute with Empyrean finalised
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CONRAD ASIA ENERGY (ASX:CRD)
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