NuEnergy Gas Limited (ASX:NGY)(“NuEnergy”) is proud to announce that it has received approval from the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (commonly referred to as SKK Migas) to prepare the initial Plan of Development (POD) for the Tanjung Enim PSC.
NuEnergy will work closely with SKK Migas on the POD preparation with the objective to submit the POD proposal to the Indonesia Ministry of Energy and Mineral Resources through the Head of SKK Migas before year end. Our two partners, PT Pertamina and PT Bukit Asam, two leading state-owned energy and resources companies, have both given their full commitments to the POD preparation and to the long-term development of the PSC.
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