Stock Insiders: Conrad Asia’s offshore gas targets to quench the nation’s thirst for cheap gas
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Stock Insiders is a podcast series focused on investing hosted by TV presenter and news journalist Christina Morrissy.
In this episode Christina chats to Mario Traviati, non-executive director at Conrad Asia Energy (ASX:CRD).
Conrad Asia Energy is focused on natural gas in the shallow waters offshore Indonesia, and via its wholly-owned subsidiaries, is the holder of three operated tenements in offshore Indonesia in the form of Production Sharing Contracts (PSCs). The company specialises in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets, and has developed expertise in maturing such assets through subsurface technical work, appraisal drilling and an innovative approach to low-cost field development.
The company’s two production sharing contracts offshore Aceh are proving to be more valuable than initially thought with a recent report increasing resources by 75% to 214Bcf.
To hear Christina and Mario discuss all this and more, tune in below!
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