I&W Petroleum & Synergy Sdn Bhd `Failed` To Fulfill Their Commitment

Jakarta, August 20, 2007 (ANTARA) - Anung Nugroho, The President
Director of PT. KTE and PT. KTI, The Region Company of East Kutai, East
Kalimantan, Indonesia, at August 17th, 2007 from sengatta has clearly
spoken about how a professional company should fulfill their own
commitment as well as maintain business ethics especially when the
commitment itself is stated on their own official commitment letter to
SRK, their indonesian local partner. I&W Holdings Sdn Bhd and its
subsidiary must respect the MOU between SRK and PT. KTE (PT. Kutai
Timur Energy), and PT. Sapta Rajasa Kapital is The Project Owner, said
Anung Nugroho.
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