Globaltec's NuEnergy finds natural gas in Muara Enim

NuEnergy has a 40% working interest in the Muara Enim PSC, covering an area of 587 sq km in South Sumatra.

KUALA LUMPUR: Globaltec Formation Bhd's subsidiary NuEnergy Gas Ltd has announced the discovery of natural gas in the Muara Enim Production Sharing Contract area, Indonesia.

NuEnergy, which is listed on Australia's stock exchange, said in a statement on Thursday Indonesia's special task force for upstream oil and gas business activities has confirmed the discovery and acknowledged NuENergy's completion of its commitments with regards to that area.