Medco Energi Prepares New Blocks for Long-Term Oil and Gas Production
Indonesia's PT Medco Energi Internasional Tbk (MEDC) is preparing long-term oil and gas (MIGAS) production sources by commencing seismic activities in two new blocks: the Amanah block in South Sumatra and the Nawasena block in East Java. This initiative is part of MedcoEnergi's organic growth strategy, alongside efforts to maintain existing production and accelerate development.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- KMDS to Distribute Rp 12.8 Billion in Interim Dividends for FY 2026
PT Kurniamitra Duta Sentosa Tbk (KMDS) has decided to distribute Rp 12.8 billion in interim dividends for the fiscal year 2026. This payout will be sourced from a portion of the retained earnings as of September 30, 2026. The interim dividend of Rp 16 per share reflects the company's solid performance.
- Indonesia's State Gold Price Expected to Fluctuate on Nov 16, Experts Offer Bullish and Bearish Scenarios
The price of gold bars from Indonesian state-owned PT Antam Tbk (ANTM) is projected to fluctuate on November 16. Experts anticipate a potential drop to Rp 2,507,000 per gram or a rise to Rp 2,527,000 per gram.
- Indonesia's State-Owned Gold Prices Face Downside Risks and Upside Potential
The price of gold bars from Indonesian state-owned company PT Antam Tbk (ANTM) is projected to move between Rp 2,400,000 and Rp 2,627,000 per gram next week. Analysts anticipate both downside risks and limited upside potential.
- Boy Thohir-Affiliated Companies Show Attractive Valuations
Three companies affiliated with businessman Boy Thohir—AADI, ADRO, and ADMR—are attracting investor attention due to their relatively low price-to-earnings ratios and strong return on equity, suggesting attractive valuations.