Conrad Asia Energy Ltd. engages in the exploration, appraisal, and development of natural gas projects in the Offshore Waters of Indonesia. It holds operated tenements in the form of production sharing contracts (PSC), including 76.5% participating interest in the Duyung PSC covering an area of approximately 927 square kilometres located in the Offshore Waters in the West Natuna area; and 100% participating interest in the Offshore Mangkalihat PSC covering an area of 1,640 square kilometres in the Tarakan Basin, northeast Kalimantan. Conrad Asia Energy Ltd. was incorporated in 2010 and is headquartered in Jakarta, Indonesia.

Conrad Asia Energy Ltd.

Conrad Asia Energy is focused on natural gas in the shallow waters offshore Indonesia, and specializes in the identification and acquisition of undervalued gas assets. The company has developed expertise in maturing such assets through subsurface technical work and appraisal drilling.

Conrad Asia Energy

Conrad Asia Energy is focused on natural gas in the shallow waters offshore Indonesia, and via its wholly-owned subsidiaries, is the holder of three operated tenements in offshore Indonesia in the form of Production Sharing Contracts (PSCs). The Company specialises in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets, and has developed expertise in maturing such assets through subsurface technical work, appraisal drilling and an innovative approach to low-cost field development.

Indonesia is affirming its commitment to meet the country’s growing energy demand, with ExxonMobil planning to invest $15 billion in to help meet energy requirements.

https://lnkd.in/dCRRQFYt

#gas

The $CRD.ax Aceh #gas PSCs could yield 1 trillion cubic feet in gas: Consider that every billion cubic feet of gas – a thousand in a Tcf – can provide enough electricity for 24,315 average homes for an entire year. It’s a lot of gas.

https://lnkd.in/d7pZwJem 

The identification of 38 targets at Conrad’s two Offshore Aceh gas plays in Indonesia, with 4 potentially more than 1 trillion cubic feet of recoverable gas, can see $CRD.ax become a major #gas supplier in the world’s fastest growing energy market.

https://lnkd.in/d7pZwJem 

$CRD.ax announces prospective resources of more than 15 trillion cubic feet of #gas across its Offshore North West Aceh (Meulaboh) & Offshore South West Aceh (Singkil) PSCs, of which 11 trillion cubic feet are net attributable to Conrad.

https://lnkd.in/gnQtcVyc 

$CRD is pleased to provide its first assessment of the Prospective Resources of its two Aceh PSCs offshore Indonesia, Offshore North West Aceh and Offshore South West Aceh Production Sharing Contracts with prospective resources in excess of 11 Tcf (Net)
 
Read announcement: https://buff.ly/49F4jZK

	Mar '21	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22	Sep '22	Dec '22	Mar '23	Jun '23	Sep '23	Dec '23	Mar '24	Jun '24
revenue	25.40K -	25.40K 0%	69.34K 173.02%	69.34K 0%	67.29K 2.96%	67.29K 0.00%	99.37K 47.68%	99.37K 0%
cost of revenue	213.34K -	213.34K 0.00%	243.00K 13.90%	243.00K 0%			332.94K -	332.94K 0%
gross profit	-187.94K -	-187.94K 0.00%	-173.65K 7.60%	-173.65K 0%	67.29K 138.75%	67.29K 0.00%	-233.56K 447.10%	-233.56K 0%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses
research and development expenses
other expenses														-1.78K -
cost and expenses	978.60K -	978.60K 0.00%	3.93M 301.70%	3.93M 0%	2.03M 48.33%	2.03M 0.00%	6.34M 212.19%	6.34M 0%	3.57M 43.77%	3.57M 0%	1.37M 61.53%	1.37M 0%
operating expenses	765.26K -	765.26K 0.00%	3.69M 381.94%	3.69M 0%	2.03M 44.92%	2.03M 0.00%	6.01M 195.80%	6.01M 0%	3.57M 40.65%	3.57M 0%	1.37M 61.53%	1.37M 0%		-1.78K -
interest expense
ebitda	-948.03K -	-948.03K 0.00%	-1.82M 92.50%	-1.82M 0%	-1.97M 7.76%	-1.97M 0.00%	-5.05M 156.78%	-5.05M 0%	-3.57M 29.39%	-3.57M 0%	-1.37M 61.65%	-1.37M 0%
operating income	-953.20K -	-953.20K 0.00%	-3.86M 305.13%	-3.86M 0%	-1.97M 49.06%	-1.97M 0.00%	-6.25M 217.63%	-6.25M 0%	-3.57M 42.87%	-3.57M 0%	-1.37M 61.57%	-1.37M 0%
depreciation and amortization	5.17K -	5.17K 0%	2.04M 39,311.65%	2.04M 0%	631 99.97%	631 0%	1.20M 189,877.34%	1.20M 0%	4.50K 99.62%	4.50K 0%	4.45K 1.09%	4.45K 0%
total other income expenses net	-63.32K -	-63.32K 0.00%	-741.78K 1,071.40%	-741.78K 0%	-407.98K 45%	-407.98K 0.00%	-422.28K 3.50%	-422.28K 0%	25.33K 106.00%	25.33K 0%	52.17K 105.93%	52.17K 0%
income before tax	-1.02M -	-1.02M 0%	-4.60M 352.87%	-4.60M 0%	-2.38M 48.41%	-2.38M 0%	-6.67M 180.85%	-6.67M 0%	-3.54M 46.86%	-3.54M 0%	-1.32M 62.77%	-1.32M 0%
income tax expense
net income	-1.02M -	-1.02M 0%	-4.60M 352.87%	-4.60M 0%	-2.38M 48.41%	-2.38M 0%	-6.67M 180.85%	-6.67M 0%	-3.54M 46.86%	-3.54M 0%	-1.32M 62.77%	-1.32M 0%	-1.75K 99.87%	-1.75K 0%
weighted average shs out			122.42M -	122.42M 0%	59.38M 51.50%	59.38M 0%	158.58M 167.07%	158.58M 0%	78.77M 50.33%	78.77M 0%	241.01M 205.97%	241.01M 0%	172.98K 99.93%	172.98K 0%
weighted average shs out dil			122.42M -	122.42M 0%	60.71M 50.41%	60.71M 0%	159.40M 162.56%	159.40M 0%	79.04M 50.41%	79.04M 0%	240.99M 204.88%	240.99M 0%	172.97K 99.93%	172.97K 0%
eps	0 -	0	-0.04 Infinity%	-0.04 0%	-0.04 6.38%	-0.04 0%	-0.04 5.25%	-0.04 0%	-0.04 6.89%	-0.04 0%	-0.01 87.78%	-0.01 0%	-0.01 83.64%	-0.01 0%
epsdiluted	0 -	0	-0.04 Infinity%	-0.04 0%	-0.04 3.99%	-0.04 0%	-0.04 6.91%	-0.04 0%	-0.04 7.18%	-0.04 0%	-0.01 87.72%	-0.01 0%	-0.01 83.64%	-0.01 0%

CRD

COM:CONRADASIA

Conrad Asia Energy

Last Close

0.93

25/11 00:03

Market Cap

138.90M

Beta: -

Volume Today

27.69K

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