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CWX Global, the former Loyz Energy, and joint operators apply for four new production areas in Thailand

PC Lee Published on Mon, Dec 04, 2017 / 9:28 PM GMT+8

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SINGAPORE (Dec 4): CWX Global, formerly known as Loyz Energy, says the group and its joint operators, have applied for four new PA (production areas) during the second half of this year.

Two of the new PAs have been granted, while the remaining two PA applications are currently pending approvals from Thailand’s Department of Minerals and Fuels.

The Phetchabun Basin in Thailand, where the group’s 20% owned Thailand oil concessions are located, is a prolific onshore producing asset located roughly 300km north of Bangkok.

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CWX Global, the former Loyz Energy, and joint operators apply for four new production areas in Thailand