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KS Energy Expects To Secure Work For Its Rigs In FY2019 With Contract Values Of At Least $30 Mln


Wednesday, 22 May 2019 

May 22 (Reuters) - KS Energy Ltd ::EXPECTS TO SECURE WORK FOR ITS RIGS IN SOUTH EAST ASIA OVER COURSE OF FY2019 WITH CONTRACT VALUES OF AT LEAST US$30 MILLION.BOARD BELIEVES GROUP WILL CONTINUE AS A GOING CONCERN.SHALL SEEK TO DIVEST ANY SURPLUS ASSETS WHEN OPPORTUNITIES ARISE & EXPECTS TO GENERATE AT LEAST US$1.2 MILLION OVER COURSE OF FY2019. 

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