Quarterly Highlights
Corporate
- $26 million capital raising to accelerate activity
Vietnam
- Prime Ministerial approval of farmout of Blocks 120 and 105 to KrisEnergy Ltd
- Final prospect definition, based on newly acquired seismic data
- Commencement of independent assessment of prospective resources
California
- Farmout and drilling of Guijarral Hills exploration prospect
- Early success of cyclic steam injection at North San Ardo
- Successful completion of Lombardi 14-27H development well at North San Ardo
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