Conrad Asia Energy Ltd - CRD share price

About

Conrad Asia Energy Ltd is an Indonesia-based, Asia-focused natural gas exploration and development company. The Company is focused on natural gas in the shallow waters offshore Indonesia, and through its wholly owned subsidiaries, is the holder of several operated tenements in offshore Indonesia in the form of production sharing contracts (PSCs). The Company’s flagship project is the development of the Mako Gas Field located in the Natuna Sea, Indonesia. The Company has about 76.5% operated participating interest in Duyung PSC, which is located in the Riau Islands Province, Indonesian waters in the West Natuna Sea. Duyung is located approximately 400 kilometers northeast of Singapore. It specializes in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets. Its subsidiaries include Conrad Petroleum (V) Limited, West Natuna Exploration Ltd, Conrad Petroleum OM Pte. Ltd, OSWA Pte. Ltd., and ONWA Pte. Ltd.