REG-Salamander EnergyPLC Kambuna Field Update
Released: 21/10/2009
com:20091021:RnsU1347B
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RNS Number : 1347B
Salamander Energy PLC
21 October 2009
21st October 2009
Salamander Energy plc
Kambuna Field Update
Salamander Energy plc, the Asia focussed independent oil and gas exploration and
production company, today provides an update on the Kambuna Field, Offshore
North Sumatra.
Further to the Operational Update on 28th September, the buyer of the Kambuna
gas has advised that following repairs to the turbines at the Belawan Power
Plant it is ready to recommence receiving gas. Recommencement of Kambuna
production is expected on completion of the on-going investigation into the
cause of the turbine failure. Separately, Salamander has re-confirmed that
Kambuna gas was and is on-specification.
Take or Pay provisions in the gas sales contract are now applicable.
Further updates will be given in due course.
For Further Enquiries:
Salamander Energy 020 7960 1580
James Menzies, Chief Executive Officer
Geoff Callow, Head of Corporate Affairs
Pelham PR 020 7337 1500
Mark Antelme
Evgeniy Chuikov
Henry Lerwill
This information is provided by RNS
The company news service from the London Stock Exchange
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