by Yohanes Obor | Dec 4, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina will upgrade capacity of its refineries, inviting 4 investors as partners. That 4 investors are Saudi Aramco, Sinopec, JX Nippon, and PTT Thailand. Pertamina expects to sign the memorandum of...
by Yohanes Obor | Dec 2, 2014 | Energy, Featured, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. will in first quarter of 2015 focus on the transfer of a 51% interest and operatorship of East Jabung PSC onshore Sumatra, to a subsidiary of Talisman Energy Inc. and finalizing the various Government of Indonesia...
by Yohanes Obor | Dec 2, 2014 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State coal producer PT Bukit Asam Tbk (PTBA), through its unit PT Bukit Multi Investama, plans to acquire a company engaging in gold mining services before end of this year, Investor Daily reported this morning. Bukit Multi Investama had...
by Yohanes Obor | Dec 1, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – ASX-listed Cue Energy targets workover of 4 production well at Oyong field, part of Sampang PSC, in first quarter of 2015, to extend oil production. FSO contract is likely to be extended for several years due to expected field life...
by Yohanes Obor | Dec 1, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – ASX-listed Lion Energy reported preparation is advanced for Amanah Timur-1 well to test the Paya Bili Prospect in South Block A. The planned shallow well (approx. 700m TD) will evaluate reservoirs productive in a pre-1940 oil field, as well...
by Yohanes Obor | Dec 1, 2014 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – PT Sugih Energy Tbk (SUGI) is optimistic to achieve its revenue target for this year supported by some completed projects including Petroselat. SUGI targets production of 1,000 bopd and to drill BA-8 and BA-9 development wells in Bakau...
