SINGAPORE (Yosefardi) – SGX-listed KrisEnergy Ltd, an independent upstream oil and gas company, recorded 2014 working interest production of 7,612 boepd (barrels oil equivalent per day, grew by 7.6% from 7,075 barrels in 2013.
It booked revenue US$74.9mm in 2014 and posted EBITDAX of US$30.5mm. In 2013, revenue and EBITDAX were at US$69 million and US$28 million, respectively.
The company was pending the development of four gas projects in Indonesia. KrisEnergy holds 100% interest in East Seruway (Sumatra) and 41.67% in Block A Aceh, 42.5%. In offshore East Java, KrisEnergy holds 42.5% interest in Bulu, 50% in East Muriah, and 95% in Sakti.
In Makassar strait, KrisEnergy holds 54.6% interest in Kutai and 85% interest in Tanjung Aru. In the onshore West Papua, KrisEnergy holds 100% Udan Emas.