CITIC Resources Holdings Limited said it will not appeal a court judgment in legal proceedings brought by its indirect wholly owned subsidiary Seram Energy Limited against Indonesia’s SKK Migas over the Seram Block. The company said SKK Migas has reaffirmed Seram Energy as the block’s operator and tasked it with boosting production and implementing the 2026 work programme and budget, with operatorship to be reviewed after 31 December 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CITIC Resources Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12030340), on February 26, 2026, and is solely responsible for the information contained therein.
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