KrisEnergy : starts 3D seismic survey over Cambodia Block A

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KrisEnergy starts 3D Seismic Survey over Cambodia Block A

Singapore, 25 June 2019 - KrisEnergy Ltd. ("KrisEnergy" or "the Company"), an independent upstream oil and gas company, announces the commencement of a 1,200 sq. km 3D Seismic Survey in the offshore Cambodia Block A concession, where the Company is developing the Apsara oil field.

Shearwater Geoservices Singapore Pte Ltd was awarded the turnkey broadband seismic contract through the wholly-owned subsidiary, KrisEnergy (Apsara) Company Limited, and has deployed the vessel SW Vespucci.

Around 200 sq. km of the 3D program will be acquired over the Apsara development area to improve imaging of geological faults and sand bodies to aid in the finalisation of the design of well trajectories ahead of development drilling for first oil.

Approximately 1,000 sq. km will be acquired over a large prospective area in the southwest portion of the concession area, which has been sparsely explored by old 2D seismic lines, to improve data quality over the prospective trend in the western section of Cambodia Block A.

Contacts:

Tanya Pang

VP Investor Relations & Corporate Communications

T: [phone]

1. [e-mail]

About KrisEnergy:

KrisEnergy Ltd. is an independent upstream company focused on the exploration for and the development and production of oil and gas in Southeast Asia. The Company holds working interests in three producing oil and/or gas licences, two in the Gulf of Thailand and one onshore Bangladesh. It also participates in 10 blocks in various stages of development, appraisal and exploration in Bangladesh, Cambodia, Indonesia, Thailand and Vietnam. KrisEnergy operates nine of the contract areas.

KrisEnergy's shares are listed on the mainboard of Singapore Exchange Trading Ltd under the ticker SK3. For further information, visit www.krisenergy.com.