Brief: KrisEnergy Updates On Arbitration Proceedings

KrisEnergy

12/05/2021 13:27

May 12 (Reuters) - KrisEnergy Ltd  KRIS.SI :
    * KRISENERGY (GULF OF THAILAND) ENTERED INTO A SETTLEMENT
DEED
WITH NORTHERN GULF
    * TERMS OF SETTLEMENT DEED PROVIDE FOR PAYMENT OF US$2.4
MILLION
BY NORTHERN GULF
    * ON PAYMENT OF SETTLEMENT SUM, NORTHERN GULF SHALL BE
DEEMED TO
HOLD A LEGITIMATE 57% PARTICIPATING INTEREST IN EXCLUSIVE
OPERATION

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ99TypS
Further company coverage:  KRIS.SI 

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