(EnergyAsia, April 28 2010, Wednesday) – Singapore’s upstream company Ramba Energy Limited said it has secured its first oil and gas producing asset in Indonesia after nearly seven months of negotiations. It paid US$9.72 million for Ellipse Energy Jatirarangon Wahana Ltd (EEJW) which owns the assets in Cikarang in Indonesia’s West Java province. (US$1= S$1.38)….
INDONESIA: Ramba Energy acquires gas-producing field in West Java for US$9.72 million
Posted on April 27, 2010 by EnergyAsia