KrisEnergy Ltd. Announces Cessation of James Parkin as Chief Operating Officer

KrisEnergy Ltd is a Singapore-based independent upstream oil and gas company. The Company holds interests in 19 licenses in Bangladesh, Cambodia, Indonesia, Thailand and Vietnam covering a gross acreage of approximately 62,293 square kilometers. It also operates 13 of the contract areas. The Company's portfolio contains five producing assets: the B8/32, B9A, Wassana and Nong Yao oil fields in the Gulf of Thailand, and the onshore Bangora gas field in Block 9 in Bangladesh. The other14 contract areas contain a combination of development projects, appraisal targets and exploration prospects. The target areas stretch from the Surma Basin in Bangladesh in the west to the Papuan Basin in the east, and from offshore southern China in the north to Indonesia in the South.