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GSS investing US$5m in Ramba project

Group participating in exploration programme at the West Jambi block in Sumatra to enhance the overall growth potential for GSS
Wednesday, May 20, 2015 - 05:50

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Ramba Energy CEO David Soeryadjaya says the improving sentiment in the oil and gas industry benefits exploration and production companies.

Singapore

GSS ENERGY is investing US$5 million in Ramba Energy to participate in the latter's exploration programme at the West Jambi block in Sumatra, Indonesia - where two onshore wells are expected to be drilled from the second half of this year.

This marks an expansion of GSS's

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