July 26, 2017 6:15 AM ET

Oil, Gas and Consumable Fuels

Company Overview of PT Medco Energi Internasional Tbk

Company Overview

PT Medco Energi Internasional Tbk, an integrated energy company, engages in the exploration and production of oil and gas. It operates through Exploration for and Production of Oil and Gas; Services; Chemicals; Coal Mining; Trading; Holding and Related Operations; and Rental Properties segments. The company operates eight exploration and production blocks in Sumatra, Kalimantan, Java, and Sulawesi in Indonesia; holds coal bed methane contracts in Sumatra; and holds oil and gas assets in the U.S., Oman, Libya, Yemen, Tunisia, and Papua New Guinea. The company also engages in power business; coal mining operations in Nunukan, North Kalimantan; and the operation of compression station with 3 ga...

The Energy Building

53rd Floor

SCBD Lot 11A

Jl. Jenderal Sudirman

Jakarta,  12190

Indonesia

Founded in 1980

1,950 Employees

Phone:

62 21 2995 3000

Fax:

62 21 2995 3001

Key Executives for PT Medco Energi Internasional Tbk

PT Medco Energi Internasional Tbk does not have any Key Executives recorded.

PT Medco Energi Internasional Tbk Key Developments

PT Medco Energi Internasional Tbk Presents at CITI Indonesia Investor Conference 2017, May-08-2017

PT Medco Energi Internasional Tbk Presents at CITI Indonesia Investor Conference 2017, May-08-2017 . Venue: Mandarin Oriental Hotel, Jakarta, Indonesia. Speakers: A. Nugraha Adi, Analyst of Investor Relations, Anthony Robert Mathias, Chief Planning & Financial Officer and Independent Director, Roberto Lorato, Chief Executive Officer and Director, Sonia Ayudiah, Head of Investor Relations.

PT Medco Energi Internasional Tbk Reports Earnings and Production Results for the Year 2016; Provides Production Guidance for the Year 2017

PT Medco Energi Internasional Tbk reported earnings and production results for the year 2016. For the year, the company reported net profit of USD 185 million compared with a 2015 net loss of USD 188 million. EBITDA was USD 274 million compared with USD 220 million a year ago. For the year, the company reported oil and gas production of 66 MBOEPD compared with 56 MBOEPD a year ago. For the year 2017, the company expects oil and gas production in the range of 75 - 80 MBOEPD. Power generation will be in the range of 2.1 - 2.2 GWh.

PT Medco Reportedly In Talks To Acquire 40% of ConocoPhillps

PT Medco Energi Internasional Tbk (JKSE:MEDC) is reportedly in talks to acquire ConocoPhillips (NYSE:COP) entire 40% stake in an oil and gas production sharing block that the U.S. firm operates in the Natuna Sea, three people familiar with the matter said.

Similar Private Companies By Industry

Company Name Region
Amerada Hess Indonesia Holdings Ltd. Asia
Anadarko Indonesia Company Asia
Aries Capital Partners Limited Asia
Biliton PSC Asia
Blessed Resources Limited Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 22, 2017
Copper mine on Indonesia's eastern island of Sumbawa
Merger/Acquisition
March 31, 2017
PT Medco Daya Sentosa
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact PT Medco Energi Internasional Tbk, please visit www.medcoenergi.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.