Singapore-listed Interra Resources and Citigroup Financial Products have agreed to buy Mitsubishi Corporation’s 5% stake in the Indonesian production sharing contracts (PSC) of Offshore Northwest Java (ONWJ) and South East Sumatra (SES). Interra and Citigroup will form an equal joint venture to carry out the acquisition, Interra said in a statement. The JV partners…
SINGAPORE: Interra Resources and Citigroup buy 5% stake in two Indon fields
Posted on January 3, 2005 by EnergyAsia