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