Vital brewing Sumatra deal
Calgary junior Vital Resources said it was continuing its efforts to buy the
Ramok and Senabing oil and gas fields in Sumatra, Indonesia, and was
awaiting the results of a reserve and resource estimate on the field.
Vital said it was awaiting a report from reservoir engineering company GLJ
Engineering.
The company said it was also working with another party on the deal which
would “build and strengthen” its team and bringing added experience in
international oil and gas exploration.
Vital is listed in both Canada and on the Frankfurt Stock Exchange.
07 May 2008 23:55 GMT
| last updated:
07 May 2008 23:55 GMT
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