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OTHERS UZMA BERHAD ("UZMA" OR "THE COMPANY") - LETTER OF CONDITIONAL AWARD OFFER IN RESPECT OF PETROLEUM CONTRACT RELATING TO EXPLORATION, DEVELOPMENT AND PRODUCTION OF PETROLEUM IN BLOCK SK433, ONSHORE SARAWAK

UZMA BERHAD

Type Announcement
Subject OTHERS
Description
UZMA BERHAD ("UZMA" OR "THE COMPANY") - LETTER OF CONDITIONAL AWARD OFFER IN RESPECT OF PETROLEUM CONTRACT RELATING TO EXPLORATION, DEVELOPMENT AND PRODUCTION OF PETROLEUM IN BLOCK SK433, ONSHORE SARAWAK

The Board of Directors of the Company wishes to announce that Uzma Engineering Sdn. Bhd. (“UESB”), a wholly-owned subsidiary of the Company had on 15 June 2021 via a joint venture with Petra Energy Development Sdn. Bhd. (“PEDSB”) received a Letter of Conditional Award Offer from Petroleum Sarawak Berhad (“PETROS”) for the Petroleum Contract relating to Exploration, Development and Production of Petroleum in Block SK433, Onshore Sarawak (“Contract”). PEDSB will be the operator under the Contract for and on behalf of its joint venture partnership, PEDSB-UZMA Engineering Sdn. Bhd. (“PEDSB-UZMA”).

 

Please refer to the attachment for further details.

 

The announcement is dated 18 June 2021.

 




Please refer attachment below.



Announcement Info

Company Name UZMA BERHAD
Stock Name UZMA
Date Announced 18 Jun 2021
Category General Announcement for PLC
Reference Number GA1-18062021-00108




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