Salamander to Acquire Bangkanai Interest

摘要

Salamander Energy has agreed to acquire the full authorized share capital of Elnusa Chariot International Ltd., which holds an 11% interest in the Bangkanai production sharing contract (PSC). Salamander is the operator of the Bangkanai PSC and on completion of the transaction will hold an 80% interest in the license. Salamander is acquiring Chariot from PT. Elnusa-Patra Ritel for $6-million in cash.