by Yohanes Obor | Jul 30, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – AWE, the operator of the Bulu PSC (42.5%), has completed a plan of development for the Lengo gas field and is preparing to submit it to the regulator, SKK Migas. The East Muriah PSC (AWE 50%) processing of the fast-track component of the 2D...
by Yohanes Obor | Jul 30, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – New Zealand Oil & Gas (NZOG) reported the acquisition of a 2D seismic survey of approximately 260 kilometers at Bohorok production sharing contract (PSC) was three quarters complete. NZOG holds 45% interest of Bohorok PSC. Bukit Energy,...
by Yohanes Obor | Jul 25, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Energi Mega Persada Tbk (ENRG), member of Bakrie Group, booked net profit of US$30.45 million in first half of this year, dropped 83% from US$179.59 million in the same period of last year. Revenues increased 10.4% to US$413.38 million...
by Yohanes Obor | Jul 25, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation intersects 290 Metres of 0.8g/t Gold + 0.5% copper (1.0% copper equivalent) in hole UTD-007 at its upper Tengkereng discovery, located in the Province of Aceh, Indonesia. Assays have been received from the first...
by Yohanes Obor | Jul 25, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Southern Arc Minerals has amended the sale agreement and closed the sale of its interest in the Taliwang project. Pursuant to the terms of the agreement, Southern Arc’s wholly-owned subsidiary Indotan Sumbawa Pte. Ltd. has sold its...
by Yohanes Obor | Jul 25, 2014 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. said its unit PT Freeport Indonesia (PT-FI) targets to sell approximate 0.7 billion pounds of copper and 1.25 million ounces of gold for the year 2014. In 2013, it sold 0.9 billion pounds of copper and 1.1 million...
