It added that the share purchase agreement between the two companies would be signed on Tuesday and the payment would be completed in January.

The assets purchased includes a 75% interest in block S1 (Sirikit) that produces about 19,000 barrels of oil, 50 million cubic feet of natural gas and 300 tonnes of liquefied petroleum gas per day, and the whole of Block B6/27, the Nang Nuan oilfield, which is located in the Gulf of Thailand.

This