NuEnergy Gas Limited (ASX:NGY)(“NuEnergy”) is pleased to announce that it has received the coal bed methane (“CBM”) reserves certification from the Indonesia Research and Development Center for Oil and Gas Technology (commonly referred to as LEMIGAS) for the Tanjung Enim Production Sharing Contract (“TE PSC”) initial Plan of Development (“POD”) target development areas.
LEMIGAS is the Indonesian government research & technology institution operating in the area of upstream and downstream oil and gas business and has key roles in the development of the oil & gas industry through research, engineering and development activities.
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