by Editor | Aug 25, 2013 | Energy, News, Resources
CALGARY (Yosefardi) – Niko Resources Ltd is evaluating the potential of drilling of an appraisal well or one of the other prospects on the West Papua IV block, offshore Papua, Indonesia. The Cikar-1 well has been drilled at the block, where Niko encountered a...
by Editor | Aug 25, 2013 | Energy, News, Resources
CALGARY (Yosefardi) – Niko Resources Ltd and ENI (Italy) are finalizing plans to drill the Lebah-2 appraisal well in the North Ganal Block, located offshore Kalimantan in the Makassar Strait. “The joint venture partners have evaluated the potential of this...
by Editor | Aug 25, 2013 | Energy, News, Resources
LONDON (Yosefardi) – Premier Oil Plc reported net production of 14,100 barrels of oil equivalent per day (boepd) in Indonesia in the first half ended June 30, 2013. The net production, on a working interest basis, was lower than 14,700 boepd in the corresponding...
by Editor | Aug 24, 2013 | News, People, Politician
JAKARTA (Yosefardi) – Suady Marasabessy, secretary of Democratic Party’s Primary, confirmed that Dino Patti Djalal, Indonesian ambassador to USA, is one of contenders in the primary. “He will be interviewed Tuesday or Wednesday,” Suady said,...
by Editor | Aug 24, 2013 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Bank Indonesia has on Friday (August 23) issued five policies expected to boost the supply of foreign exchange as well as financial market deepening. The policies are: 1) Extension of tenors of foreign exchange deposits to 1 day to a...
by Editor | Aug 24, 2013 | Industries, News, Transportation
JAKARTA (Yosefardi) – PT Sky Aviation has taken the delivery of second Sukhoi Superjet 100 this week as part of 12 aircraft ordered from the the Russian manufacturer. The aircraft took off from Zhukovsky Delivery Center, Russia, early this week. The first unit...
by Editor | Aug 24, 2013 | Industries, News, Property
JAKARTA (Yosefardi) – Industrial estate developer PT Bekasi Fajar Industrial Estate (BEST) Tbk has dropped 61.4% from peak, deeper than its peers. At the current price, Bekasi Fajar, which generated net profit of Rp263 billion in the first half of 2013, has...
by Editor | Aug 24, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Net sell of Indonesian stocks by foreign investors reached US$510 million in the week ended August 23, 2013. Foreign investors bought a total of Rp13.44 trillion worth of stocks in the week, but offloaded Rp19.16 trillion, resulting in net...
by Editor | Aug 24, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – ICT retailer Erajaya Swasembada (ERAA), operator of Erafone outlets, has plummeted 70.3% from its peak, the worst performer among retail companies in the past few weeks. Erajaya ended further down to Rp1040 Friday (August 23) to make a...
by Editor | Aug 24, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Cigarette giant Gudang Garam (GGRM) lost another 3.1% to Rp36,000 Friday (August 23), the lowest level since early 2011. Gudang Garam has lost 36.1% year-to-date, the worst among Top 20 stocks listed on Indonesia Stock Exchange (IDX). The...
