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TheFinalCD

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TheFinalCD

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Re: FACT-MASTER post# 205

Tuesday, 08/23/2022 7:57:57 PM

Tuesday, August 23, 2022 7:57:57 PM

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INTERESTING INFO THX

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Update COP Indonesia:

COP sold their Indonesian assets this past March, therefore they are an unlikely suitor, imo, to buyout /joint venture with INDO.

https://www.offshore-energy.biz/conocophillips-exits-indonesia-assets-to-focus-on-low-cost-supply-options/

The company that bought the COP Indonesian assets was MedcoEnergi.

https://www.medcoenergi.com/en/home/index

Looks like they are active in production in the South Sumatra area.

Depending on the discovery size (Kruh 28 area) there could be various majors interested, including the above. - speculating.

Always consult an Investment Professional, my posts are my own opinions, and not for investing decisions~!

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