“We believe Interra Resources is at a key inflexion point,” SAC Advisors analyst Terence Chua writes in note dated Oct 8.
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 oilfield south of Central Kalimantan.
Interra has a 67.5% working interest in the Indonesian oilfield known as Kuala Pambuang block (KP) through Mentari Pambuang Internasional, the operator of the 1,631 sq km block.
