InvestorsHub Logo
Followers 1478
Posts 89318
Boards Moderated 1
Alias Born 06/16/2008

Re: wshaw14 post# 2330

Wednesday, 01/15/2020 9:39:21 AM

Wednesday, January 15, 2020 9:39:21 AM

Post# of 2594
Check this out.. Pertamina Article in Mid December says they are looking for US acquisitions...

Pertamina budgets US$ 150 million for oil and gas block acquisition
Dec 12, 2019 11:16 AM


JAKARTA - PT Pertamina (Persero) has prepared a budget of US$ 150 million for oil and gas acquisition in 2020.

According to Pertamina Upstream Director Dharmawan H. Samsu, the state-owned energy company is currently directing upstream inorganic investment to acquire more oil and gas blocks. Out of a total investment budget of US$ 7.8 billion, as much as US$ 3.7 billion is allocated for upstream investment.



Pertamina most recently took over overseas oil and gas assets in 2017. So far, the company has acquired a 64.46% stake in French energy company Maurel & Prom, with assets located in Gabon, Nigeria, Tanzania, Namibia, Canada, Myanmar, Italy, Colombia, and a number of other countries. (MS)



https://www.idnfinancials.com/news/30748/pertamina-budgets-oil-gas-block-acquisition

http://www.secinfo.com/d128uj.kg4.htm


DWOG

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.