by Yohanes Obor | Oct 21, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation continues to extend the high-grade zone at its upper Tengkereng porphyry discover, located in the Province of Aceh, Indonesia. Since mid July, Barisan Gold has embarked on an 18-month drill program with the...
by Yohanes Obor | Oct 17, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) mulls some options to settle its US$800 million debt which will mature in 2019. BORN has since early this year restructured US$1 billion loan to Standard Chartered Bank, which is...
by Yohanes Obor | Oct 16, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) V booked net profit of Rp119 billion in the first half of 2014, jumped by more than eightfold compared to Rp12.75 billion in the same period of 2013. Revenue grew by 29.6% to Rp2.75 trillion...
by Yohanes Obor | Oct 15, 2014 | Energy, News, Resources
STOCKHOLM (Yosefardi) – Lundin Petroleum AB has commenced exploration drilling in the Gurita PSC, Natuna Sea, Indonesia. Gobi-1 is a wildcat oil exploration well designed to test the hydrocarbon potential of Oligocene and Early Miocene stacked fluvial reservoirs...
by Yohanes Obor | Oct 15, 2014 | Energy, News, Resources
CALGARY (Yosefardi) – West Mountain Environmental Corp. reported that the field of use in its TPS License with M-I L.L.C. and Schlumberger Canada Limited (SCL) has been expanded on a non-exclusive basis to include any and all uses of the TPS Technology,...
by Yohanes Obor | Oct 15, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Indika Energy Tbk (INDY) restructure its units to develop its energy resources business. Indika Capital Pte Ltd transfers 10% shares of PT Indika Indonesia Resources (IIR) to PT Indika Inti Corporindo (IIC), as a result IIR...
