Conrad Asia Energy (ASX: CRD) — Company Overview, News & Financial Data
Conrad Asia Energy is an Australian natural gas exploration company focused on the Mako Gas Field offshore Indonesia.
Conrad Asia Energy
Conrad Asia Energy is a Southeast Asian upstream oil and gas exploration and production company focused on natural gas resources in offshore Indonesia. The company holds operating interests in three production sharing contracts, including the Duyung PSC containing the Mako gas field, as well as the Offshore North West Aceh and Offshore South West Aceh PSCs. Operating primarily in shallow-water basins, the business targets natural gas supply for domestic Indonesian consumption and regional export markets across Asia. Its principal operational activities encompass field appraisal, development planning, commercialization, infrastructure integration, and offshore exploration.
Snapshot
Operations
Products and/or services of Conrad Asia Energy
- Offshore Gas Field Development: Development of a shallow-water natural gas discovery in the West Natuna Basin containing 330 billion cubic feet of contingent resources, targeting commercial production via offshore platforms by late 2027 for regional energy markets.
- North West Aceh Natural Gas Exploration: Operation and commercialization of offshore petroleum sharing acreage in northwestern Sumatra featuring multiple existing shallow-water gas discoveries and over eleven trillion cubic feet of net prospective gas resources targeted for commercial domestic supply.
- South West Aceh Natural Gas Exploration: Exploration and appraisal of deepwater and shallow-water gas acreage in southwestern Sumatra, encompassing established gas discoveries and multi-trillion cubic feet prospective resources positioned to meet growing industrial and power sector demand.
- Pipeline Infrastructure and Transportation: Pipeline connection and hot-tapping services integrating offshore natural gas production facilities directly into the West Natuna Transportation System to transport gas to domestic utility companies and international export markets across Southeast Asia.
- Offshore Production Facilities Engineering: Engineering, procurement, construction, and installation of offshore production platform facilities, central processing units, and subsea tie-in infrastructure required to harvest, process, and transport natural gas from shallow-water offshore fields.
- Southeast Asian Energy Asset Acquisition: Evaluation and commercialization of upstream petroleum resources, natural gas appraisal acreage, and inorganic growth assets across Southeast Asia to expand regional energy production and secure natural gas supply contracts.
Conrad Asia Energy executive team
- Mr. Miltiadis XynogalasFounder, MD, CEO & Executive Director
- Mr. David Antony JohnsonExecutive Director & COO
- Ms. Patricia LeeHead of Finance
- Ms. Yuik-Neen TingGeneral Counsel
- Egbert SiagianSupport Services & Legal Manager
- Regine LaiCompany Secretary