by Editor | Aug 30, 2013 | Mining, News, Resources
VANCOUVER (Yosefardi) – East Asia Minerals Ltd, a company listed on TSX Ventures, claimed positive results from its Phase 1 drilling program at Sangihe Project in Indonesia. The assay results for BOD099 show a significant intercept of 11m length from 62.5m to...
by Editor | Aug 30, 2013 | Energy, News, Resources
SINGAPORE (Yosefardi) – KrisEnergy Ltd’s first half revenue was down 21.6% at US$36.8 million on the back of lower production and sales volumes and a decline in average realised oil and gas prices over the period in line with international markets. The...
by Editor | Aug 29, 2013 | Energy, News, Resources
LONDON (Yosefardi) – Kerendan gas field, co-owned by Salamander Energy Plc and PT Saka Energi, subsidiary of Perusahaan Gas Negara (PGAS), is on schedule for production start-up in the fourth quarter of 2014. “Construction of gas processing facility has...
by Editor | Aug 29, 2013 | Energy, News, Resources
LONDON (Yosefardi) – Salamander Energy Plc plans to return to North Kendang at North Kutei area, East Kalimantan, to further evaluate the potential of the structure. Salamander experienced operational challenges in North Kutei are due to high pressures being...
by Editor | Aug 29, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – NuEnergy Gas Ltd plans to start the drilling of second pilot well at the Muara Enim production sharing contract in South Sumatra, Indonesia. The CNM drilling rig is being mobilized from Pilot Well #1 to Pilot Well #2, which is located about...
by Editor | Aug 29, 2013 | Energy, News, Resources
JAKARTA (Yosefardi) – United Tractors (UNTR) sold 183,000 tons of coal in July 2013, plummeted 41% from the previous month. Coal sales from PMM was 15,000 tons only, while TTA at 168,000 tons. In the previous month, PMM sold 50,000 tons, while TTA 261,000 tons....
by Editor | Aug 29, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Pamapersada, mining contracting unit of United Tractors, produced 9.1 million tons of coal last month, grew by 15% from July 2012. Last month’s output, however, was smaller than June 2013 (9.6 million tons). Overburden removal also...
by Editor | Aug 29, 2013 | Automotive, Industries, News
JAKARTA (Yosefardi) – Komatsu construction machinery, unit of United Tractors, sold 318 equipments last month, down slightly from 326 units in June. July 2013 sales, however, dropped 20% from July 2012 due to weakening sales to mining sector. Accordingly, United...
by Editor | Aug 29, 2013 | Energy, News, Resources
TORONTO (Yosefardi) – TSX Venture-listed Pan Orient Energy Ltd recorded impairment charge of $13.3 million for exploration and evaluation assets of the South CPP block, onshore Sumatra, Indonesia. Pan Orient owns 77% working interest in the production sharing...
by Editor | Aug 29, 2013 | Energy, News, Resources
TORONTO (Yosefardi) – Pan Orient Energy Ltd plans to continue 3D seismic program on the eastern half of Batu Gajah block in North Sumatra with $15. 8 million of costs. “The major activity in the Batu Gajah PSC for the remainder of 2013 is to complete...
