Sound pens red letter to Citarum partners

UK explorer Sound Oil said it has served default notices to its partners in the Citarum production sharing contract in Indonesia linked to $5.9 million in unpaid cash calls.

Fellow travelers: but UK-based Sound Oil is demanding payment from its partners in Indonesia's Citarum PSC
Fellow travelers: but UK-based Sound Oil is demanding payment from its partners in Indonesia's Citarum PSC
Published 19 March 2008, 00:45Updated 19 March 2008, 00:59
Asia & Oceania