Highlights
LSE: SMDR       SALAMANDER ENERGY PLC ORD 10P
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):0
Average Price Target: 102.75
Price Target Upside/Downside: +102.75

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Business Background

Salamander Energy PLC is a holding company. The Company is engaged in oil and gas exploration, development and production, which focuses on building a portfolio of assets in Asia. The Company's geographical segments include Thailand and Indonesia. The Bualuang oil field is the Company's flagship production asset. The Company focuses on assets in and around three areas: Greater Bualuang, Greater Kerendan and North Kutei. The Company's position in the Greater Bualuang Area is based around the Bualuang oil field, Block B8/38 and Block G4/50. Block G4/50 covers approximately 2,900 square kilometers surrounding the Bualuang production license and contains five sub-basins. The Company focuses on the Kerendan gas field development. The Company holds majority operated interests in the North Kutei basin.

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investtwise Malaysia Sona Petrolium BHD plans to buy a 40% stake in Salamander E for USD280 million cash.
06/06/2014 01:35


 

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