NuEnergy non-executive director resigns

By Romel S. Gurky

By Romel S. Gurky

ASX-listed NuEnergy Gas Limited (NGY) announced Thursday that Graeme Robertson has resigned from the Board of Directors of the company due to increasing work commitments.

?The Board thanks Mr Robertson for his invaluable contribution to NGY?s development of Coal Bed Methane assets in South Sumatra in his previous role as Chairman and more recently, Non-Executive Director,? the company said in a statement.

NuEnergy Gas is an independent clean energy company currently focused on the development of Indonesian gas assets. The company operates six unconventional gas (CBM) Production Sharing Contracts (PSCs), across South Sumatra, Central Sumatra and East Kalimantan. ?We are now fully focused on quickly moving these assets from exploration to production, monetizing reserves and, maximizing shareholders? return,? the company said.

Editing by Reiner Simanjuntak