by Yohanes Obor | Dec 1, 2014 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – PT Medco Energy Tbk (MEDC) allocates capital expenditure (capex) of US$1.4 billion for 3 years until 2016, excluding capex for Tunisia block. Tunisia block contributed 3,000 barrel oil per day (bopd) for MEDC, making total of 60,000 bopd....
by Yohanes Obor | Nov 27, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Kalimantan Gold Corporation Limited (KLG) has signed a non-binding letter of intent (LOI) with Tigers Realm Copper Pty Ltd., a private Australian corporation within the Tigers Realm Group of companies, to purchase Tigers’ interest in the...
by Yohanes Obor | Nov 25, 2014 | Energy, Featured, News, Resources
JAKARTA (Yosefadi) – PT Adaro Energy Tbk (ADRO) and China Shenhua Overseas Development and Investment Co Ltd (Shenhua Overseas) have signed a further memorandum of understanding regarding the coal and power joint project development. Both parties agreed to...
by Yohanes Obor | Nov 24, 2014 | Energy, Finance, Indonesia Finance, News, Resources
JAKARTA (Yosefardi) – PT Bumi Resources Tbk (BUMI), the largest coal producer in Indonesia, intends to cut its debt within next few years, from current total of US$3.73 billion, equivalent Rp44.77 trillion. In details, BUMI’s debt are; 1) Guaranteed...
by Yohanes Obor | Nov 14, 2014 | Energy, News, Resources
HONG KONG (Yosefardi) – Asia Resources Holdings Limited expects to record a further loss for the six months ended 30 September 2014 as compared to the loss recorded for the six months ended 30 September 2013. Such loss was mainly attributable to (i) likely...
by Yohanes Obor | Nov 14, 2014 | Energy, News, Resources
SINGAPORE (Yosefardi) – SGX-listed Interra Resources Limited, controlled by Edwin Soeryadjaya and Sandiaga Uno, posted revenue of US$18.34 million in third quarter of 2014, 22% higher than the previous quarter. This was largely due to the contribution from PT...
