Energi Mega Persada Tbk Unsponsored ADR (PEGIY)

Overview

PT Energi Mega Persada Tbk is a prominent upstream oil and gas company based in Jakarta Selatan, Indonesia. Founded in 2001, the company has carved a niche in the exploration, development, production, and trading of crude oil, natural gas, and coal methane gas. With a focus on sustainable energy development, PT Energi Mega Persada Tbk operates across multiple locations in Indonesia and Mozambique, indicating a successful expansion of its footprint beyond its home country. Its operations span strategic oil and gas properties in areas such as Bentu, Korinci Baru, Malacca Strait, Tonga, South CPP and "B' PSC, Gebang in Sumatera, Kangean in East Java, Sangatta II in East Kalimantan, Sengkang in South Sulawesi, and Buzi in Mozambique, reflecting a diversified portfolio that supports its growth and operational longevity. The journey from its foundation to becoming a key player in the global energy sector showcases PT Energi Mega Persada Tbk's commitment to excellence and innovation in oil and gas exploration and production.

Products and Services

• Crude Oil

  PT Energi Mega Persada Tbk engages in the exploration, development, and production of crude oil across various locations in Indonesia and Mozambique. By tapping into significant oil reserves, the company ensures a steady supply of crude oil, catering to the global energy markets and contributing to Indonesia's economic growth.

• Natural Gas

  The company also specializes in the extraction and production of natural gas, a cleaner alternative to other fossil fuels. PT Energi Mega Persada Tbk's operations in extracting natural gas support both domestic energy needs and international energy markets, emphasizing the company’s role in promoting sustainable energy solutions.

• Coal Methane Gas

  In addition to crude oil and natural gas, PT Energi Mega Persada Tbk explores for and develops coal methane gas resources. This involves extracting methane gas from coal beds, representing a significant step towards harnessing alternative and less environmentally damaging sources of energy. The extraction and trade of coal methane gas not only diversify the company's product portfolio but also align with global energy trends focusing on sustainability.