Andalas Energy & Power #ADL – Conditional Acquisition of Indonesian oil project

Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), is pleased to announce it has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (the “Bunga Mas PSC” or the “PSC”), located in South Sumatra, Indonesia. Highlights: Acquisition of initial 25% participating interest […]

Andalas Energy & Power (ADL) – Who Is Pertamina?

From Andalas Energy & Power Chairman’s blog: As shareholders will have seen, Andalas has signed an important agreement with Pertamina to cooperate on the identification and development of Independent Power Projects in Sumatra, Indonesia.  This arrangement provides Andalas with a unique opportunity to work with Pertamina in a way that should be beneficial to both […]

CEB Resources – Update

CEB Resources plc, the AIM listed investing company, is pleased to provide an update on its strategy and progress in identifying oil and gas projects in Indonesia. Highlights: Initial goals of the 100 Day plan have been achieved and work now continues apace in Indonesia; Strategic plan devised targeting short-term cash flow from existing oil […]

Is Nickel Really a Screaming Buy ?

Nickel has, according to some, the strongest market fundamentals of all industrial metals, yet prices remain near  multi year lows, despite the fact that a year ago, major producer Indonesia, which provided the world with a fifth of its nickel, imposed a ban on exports. The argument for a rebound is that after many years of growing […]