Geo Energy Resources

SINGAPORE (Sept 28): Geo Energy Resources, the Indonesian coal mining group, says the US$300 million ($408 million) notes offering by its subsidiary, Geo Coal International, was more than three times oversubscribed by institutional and accredited investor

SINGAPORE (May 11): Geo Energy Resources, the Indonesian coal producer, announced 1Q earnings of US$14.6 million ($20.6 million) compared to a loss of US$2.9 million a year ago.

SINGAPORE (Nov 16): NRA Capital is maintaining its “overweight” recommendation with fair value of 34.5 cents on Geo Energy Resources in anticipation of a jump in earnings from 4Q16.

SINGAPORE (Nov 3): NRA Capital is keeping its ‘overweight’ rating on Geo Energy Resources with a fair value estimate of 31 cents, despite its share price having almost doubled since the research house initiated coverage.

SINGAPORE (July 18): Geo Energy Resources has signed a conditional sale and purchase agreement to buy a 98.73% stake in an Indonesian company that holds a coal mining concession in South Kalimantan.