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Conrad Retains Mako Exposure After Completing 75% Duyung Farm-down
8:56am on Thursday 10th of September, 2026 AEST
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Oil and Gas
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Conrad Retains Mako Exposure After Completing 75% Duyung Farm-down
8:56am on Thursday 10th of September, 2026 AEST
Key Points
75% Duyung PSC interest transfer completed
US$4 million second payment received
US$320 million Mako development described as fully funded
22.875% operated interest retained after final settlement steps
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Conrad Asia Energy (ASX:CRD)
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