Coro Energy Indonesia well gets underway
Tambak-2 is what’s called a step-out, which is designed to assess the lateral extent of the gas below the seabed.
Company
Coro Energy PLC
LON:CORO
Coro Energy PLC is a South East Asian focused energy company with a growth strategy centred on low-carbon energy investments, supported by a high-quality gas asset. The company's regional growth strategy is underpinned by a 15% interest in the Duyung PSC, containing the 495 Bcf (2C gross) Mako gas field, located offshore Indonesia. Coro also has interests in proposed solar and wind projects in the Philippines.
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Jefferies thinks Ophir Energy shares are worth more than Medco’s 57.5p offer
The US investment bank says the stock is worth 60p, with its value having been boosted by its recent full-year results and progress in Mexico
Ophir Energy and Coro shares rise but Medco’s takeover intact with improved offer
The Coro approach was described by Ophir as “unsolicited and highly preliminary”, meanwhile, Medco upped the ante to 57.5p, from 55p
Investments and investor services
GRC International slides as it places shares to finance an acquisition
A look at the day's major movers, including eServGlobal, Plaza Centers, Range Resources, Pathfinder Minerals, Altus Strategies, Coro Energy and Empyrean Energy
Proactive Oil & Gas Weekly: Hurricane Energy, Echo Energy, Sound Energy, Europa Oil & Gas ...
It was another busy week in the junior oil and gas sector.
Coro Energy reports on ‘transformational’ first half
Essentially a new company was created during the period, through the combination of non-core Sound Energy assets and Saffron Energy.
Coro Energy lands first Indonesia acquisition
It is paying a total of US$12mln to pick up a 42.5% stake in an offshore gas field