Key information

🔎 Fund Overview

Conrad Asia Energy Ltd. engages in exploration and development of oil and gas. The company is headquartered in Jakarta, Dki Jakarta. The company went IPO on 2022-10-27. The firm is focused on natural gas in the shallow waters offshore Indonesia, and through its wholly owned subsidiaries, is the holder of several operated tenements in offshore Indonesia in the form of production sharing contracts (PSCs). The Company’s flagship project is the development of the Mako Gas Field located in the Natuna Sea, Indonesia. The firm has about 76.5% operated participating interest in Duyung PSC, which is located in the Riau Islands Province, Indonesian waters in the West Natuna Sea. Duyung is located approximately 400 kilometers northeast of Singapore. The company specializes in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets. Its subsidiaries include Conrad Petroleum (V) Limited, West Natuna Exploration Ltd, Conrad Petroleum OM Pte. Ltd, OSWA Pte. Ltd., and ONWA Pte. Ltd.