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Energy

Poor output at Cambodia's first oil well puts operator at risk

Government warns KrisEnergy it faces fines or worse if situation does not improve

KrisEnergy revealed last week that production at the offshore concession, known as the Apsara oil field (pictured here), was far lower than forecast. (Photo courtesy of KrisEnergy)

PHNOM PENH -- Four months after becoming the first company to draw oil from a Cambodian well, Singapore-listed KrisEnergy is warning that its future as a going concern is at risk.

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