Ogier advises AIM-listed Coro Energy plc on acquisition of an interest in the Duyung Production Sharing Contract

Ogier has advised AIM-listed E&P company Coro Energy plc on its acquisition of an interest in the Duyung Production Sharing Contract (West Natuna basin, Indonesia) from West Natuna Exploration Limited, a British Virgin Islands company, the shareholders of which being Conrad Petroleum Limited, a private company based in Singapore, and the AIM-listed E&P company Empyrean Energy plc.

The Ogier team, comprising partner Simon Dinning and associate Laura Malpass, acted alongside UK firm, Watson, Farley & Williams LLP.

Commenting on the deal, Simon Dinning said "We are pleased to have been able to utilise our European based BVI team to provide advice to Coro Energy plc on the acquisition, effectively spanning the Asian, BVI and UK time zones."