April 23, 2018 4:31 PM 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

2,412 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 SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, Oct-17-2017 through Oct-19-2017

PT Medco Energi Internasional Tbk Presents at SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, Oct-17-2017 through Oct-19-2017. Venue: Hotel Mulia Senayan in Jakarta, Jakarata, Indonesia. Presentation Date & Speakers: Oct-17-2017, Craig Stewart, Senior Vice President International E&P. Oct-19-2017, Amri Siahaan, Chief Human Capital & Business Support Officer, General Manager of Medco E&P Natuna and Director, Craig Stewart, Senior Vice President International E&P.

PT Medco Energi Internasional Tbk Announces Audited Consolidated Financial and Production Statements for the First Quarter Ended March 31, 2017

PT Medco Energi Internasional Tbk announced audited consolidated financial and production statements for the first quarter ended March 31, 2017. For the quarter, production volume of 91.4 MBOEPD 41.7% higher compared to first quarter of 2016. The increased production volume was due to continued high gas sales on the Senoro field and a full quarter contribution from the 40% Operatorship in the South Natuna Sea Block B Field which was acquired in fourth quarter of 2016. For the quarter, revenue was USD 210.3 million, 60.7% higher compared to first quarter of 2016. The company's EBITDA (Earnings before Income, Taxes, Depreciation and Amortization) increased by 63.4% to USD 108.2 million year on year, with an improved EBITDA margin of 51.5%. The company booked net profit from operations of USD 43.1 million, compared to USD 10.2 million a year ago.

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.

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