Interra Resources Limited
(formerly: Van der Horst Limited)
BACKGROUNDInterra Resources Limited, listed on the SGX Catalist and the ASX, is a Singapore-incorporated company engaged in the business of upstream petroleum exploration and production (“E&P”). Its E&P activities include petroleum production, field development and exploration.
Since its inception, the Group has grown both organically by developing its existing assets and through disciplined acquisitions by seeking attractive acquisition targets across Southeast Asia and Australia.
Today, Interra Resources Limited has established oil and gas interests and operations in various parts of Southeast Asia. Its balanced portfolio of production, development and exploration assets comprises six contract areas in Indonesia, Myanmar and Thailand. Its share of proved plus probable reserves was about 13.7 million barrels of oil as at 31 December 2008.
COPORATE WEBSITE : http://www.interraresources.com
Since its inception, the Group has grown both organically by developing its existing assets and through disciplined acquisitions by seeking attractive acquisition targets across Southeast Asia and Australia.
Today, Interra Resources Limited has established oil and gas interests and operations in various parts of Southeast Asia. Its balanced portfolio of production, development and exploration assets comprises six contract areas in Indonesia, Myanmar and Thailand. Its share of proved plus probable reserves was about 13.7 million barrels of oil as at 31 December 2008.
COPORATE WEBSITE : http://www.interraresources.com
Straits Asia Resources Limited
BACKGROUNDStraits Asia Resources Limited is a unique Singapore listed company, being the only company on the SGX whose business relates only to mining thermal coal. The Company owns 2 coal mines in Kalimantan, Indonesia: the Sebuku Mine on the remote Sebuku Island in South-East Kalimantan and Jembayan Mine in East Kalimantan.
Sebuku Mine began production in 1997 under a Generation 2 Coal Contract with the Indonesian government and is known for the SebukuTM brand of coal, a high-value bituminous coal that is recognized internationally for its consistent quality, single burn characteristics, high ash fusion temperature and Straits Asia’s excellent delivery record. Jembayan Mine was purchased by Straits Asia in December 1997 for US$350 million, since which time the mine has doubled its annualised rate of production. Jembayan produces the Prangat and Jembayan brands of sub-bituminous coal.
SebukuTM coal is sold mainly to major Japanese power utilities whilst Jembayan’s two brands, are exported to power utilities in other Asian countries.
In early 2009, PTT Group from Thailand (the major energy company) acquired control of a 46% shareholding in Straits Asia and becoming, through PTT Asia Pacific Mining Pty Ltd, Straits Asia’s holding company. This was a watershed investment by PTT, its first venture into the coal sector.
Developing from the strong foundations of its Indonesian mines and with the solid backing of its shareholder base, Straits Asia aims to grow into a leading thermal coal producer in the Asia Pacific region.
COPORATE WEBSITE : http://www.straitsasia.com
COPORATE WEBSITE : http://www.straitsasia.com
Abterra Ltd
(formerly: Hua Kok International Ltd)
BACKGROUNDAbterra Ltd. was listed on the Main Board of the Singapore Stock Exchange on June 15, 2000 under the name of Hua Kok International Ltd. It changed its name to Abterra Ltd. on October 28, 2005. On October 27, 2006, General Nice Resources (Hong Kong) Limited successfully acquired a majority stake in Abterra Ltd., thus becoming the new controlling shareholder of Abterra Ltd. The Group is primarily engaged in the following businesses: the development of mineral business in countries including China, India and Indonesia, and the international purchase of iron ore; the sale of Chinese steel and iron products to India and South East Asian countries; domestic PRC logistics business and the operation and development of industrial real estate; and coal mining, washing and processing of coal into coke.
The Group’s turnover increased by S$83.9 million or 248%, from S$33.8 million in FY2006, to S$117.7 million in FY2007.
COPORATE WEBSITE : http://www.abterra.com.sg/
The Group’s turnover increased by S$83.9 million or 248%, from S$33.8 million in FY2006, to S$117.7 million in FY2007.
COPORATE WEBSITE : http://www.abterra.com.sg/
