Interra Resources

Oil

Crude oil prices see double whammy from Covid-19, Opec+ spat; likely to stay low ahead

SINGAPORE (March 13): Crude oil prices have already taken a blow since the start of 2020.

Offshore & Marine

Interra Resources enjoys topline lift from higher oil prices; cost control remains key

SINGAPORE (Mar 6): For oil explorer and producer Interra Resources, staying prudent has always been key to remaining viable as the global oil industry struggles with stagnant demand, over-supply, a

Broker's Calls

Interra Resources at 'key inflexion point', poised for turnaround: SAC Capital

SINGAPORE (Dec 17): SAC Capital is maintaining its “buy” call on oil explorer and producer Interra Resources with a target price of 8.9 cents, representing an upside potential of some 71% for the s

Broker's Calls

Interra at 'key inflexion point' following drilling announcement, says SAC Advisors

SINGAPORE (Oct 10): Analysts are optimistic over the prospects of oil explorer and producer Interra Resources, following the company’s announcement that it will commence drilling at an onshore oilf

Broker's Calls

4 top stock picks for 2019 as SAC remains 'cautiously optimistic' amid volatile market conditions

SINGAPORE (Dec 19): SAC Advisors says it remains “cautiously optimistic” about the Singapore market in 2019, despite volatile market conditions on the back of global geo-political risks.

Results

Interra Resources swings back to profitability in FY17

SINGAPORE (Feb 27): Interra Resources reported earnings of US$1.3 million ($1.7 million) for FY17 compared to its FY16 loss of US$8.1 million, mainly due to lower share of losses from associated co

M&A

ZhenHua Oil buys 13.6% stake in Interra Resources for $4.7 mil

SINGAPORE (Dec 15): Interra Resources is placing out 79.5 million shares at 5.9 cents per share to China ZhenHua Oil’s wholly-owned subsidiary, North Petroleum International, for approximately $4.7

Commodities

Interra Resources commences drilling at Chauk development well

SINGAPORE (Aug 29): Interra Resources says its jointly-controlled entity, Goldpetrol Joint Operating Company, has commenced drilling for development well CHK 1203 at its oil field in Chauk, Myanmar

IPO

Golden Glory plans Singapore IPO for Myanmar property push

SINGAPORE (June 1): Golden Glory Group, a developer of Myanmar real estate, is planning an initial public offering in Singapore this year as the opening of the frontier market spurs property demand

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