Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months.

WNEL AIM-listed Empyrean Energy Coro Energy Conrad Asia Energy Coro Duyung Southeast Asia West Natuna Sea Offshore Energy Mako Indonesia Change View Divestment Take