Kairiki Energy Limited (ASX:KIK) Enters Conditional Agreement To Farm-Out Interest In SC 54, Philippines

  Perth, Australia, Mar 23, 2009 - (ABN Newswire) - Kairiki Energy Limited (ASX:KIK)(PINK:KAIRF) is pleased to advise that it has entered into a conditional agreement with a private oil and gas investment company ( & quot;Investors & quot;) to farm-out a 17% interest in the inboard portion of Service Contract 54 ( & quot;SC 54 & quot;) in the Philippines.  

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