Letters
Tuesday, September 1, 2015
Objection from PGN
IN the magazine's August 24-30 issue, page 13, within the articles Flop at Fasken Block and Risky Business, page 34 to 36, Tempo wrote about the declining share price of Swift Energy Co at the NYSE and linked it to the potential loss of PGN's investment in Fasken shale gas area, Texas, the United States. With regard to these reports, we would like to explain the following:
1. Saka Energi Indonesia (SEI), a subsidiary of PGN, has never invested in Swift Energy, nor has it acquired shares of said company as traded at the NYSE.
Objection from PGN
IN the magazine's August 24-30 issue, page 13, within the articles Flop at Fasken Block and Risky Business, page 34 to 36, Tempo wrote about the declining share price of Swift Energy Co at the NYSE and linked it to the potential loss of PGN's investment in Fasken shale gas area, Texas, the United States. With regard to these reports, we would like to explain the following:
1. Saka Energi Indonesia (SEI), a subsidiary of PGN, ha
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