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Media Release




2018-05-14

MedcoEnergi Results of Annual and Extraordinary General Meeting of Shareholders

MedcoEnergi held its Shareholder Annual and Extraordinary General Meeting (AGMS and EGMS) on Monday 14 May 2018.

2018-05-08

MedcoEnergi Announces Commercial Operation of Sarulla Geothermal’s Third Unit

MedcoEnergi announced today the commercial operation of the third and final unit in the phase one development of the Sarulla Geothermal Power Project. >

2018-05-03

MedcoEnergi Announces 1Q 2018 Results

PT MedcoEnergi Internasional Tbk announces its financial results for the quarter ending 31 March 2018.

2018-04-11

MedcoEnergi Announces its Audited 2017 Results

MedcoEnergi announced a net profit of US$127.1 million and a 31.5% year-on-year increase in oil and gas production volumes for the year ended 31 December >

2018-03-29

Medco Daya Abadi Lestari Consolidates Ownership in MedcoEnergi

PT Medco Daya Abadi Lestari has consolidated the Panigoro family shareholding in MedcoEnergi and now holds over 50% equity interest in MedcoEnergi

2018-01-26

MedcoEnergi Wins “Upstream Company of the Year”

MedcoEnergi has received the “Upstream Company of the Year” award for 2017, at the recently concluded ceremony by the APAC Energy Council, January >

2018-01-25

MedcoEnergi Issues US$ 500 Million 7NC4 Bond

MedcoEnergi announced its successful issuance of 7NC4 bond for US$ 500 million, with seven year tenor and final coupon of 6.75%.

2018-01-05

MedcoEnergi Announces its Audited 9M 2017 Results

MedcoEnergi announces net profit of US$164.3 million and a 38.3% increase oil and gas production volumes for the period ending 30 September 2017.

2017-12-21

MedcoEnergi Successfully Closed Trading Period of Fully Underwritten Rights Issue

The target proceeds of IDR 2,640 billion (~US $195million) were oversubscribed by ~45%.

2017-11-30

MedcoEnergi Passes Final Requirement for its Fully Underwritten Rights Issue

MedcoEnergi has obtained the final effective letter from the Otoritas Jasa Keuangan for its Rights Issue Offering.

2017-11-03

MedcoEnergi Announces Fully Underwritten Right Issue

MedcoEnergi announced that it has filed the prospectus for its planned Rights Issue to the OJK after the successful EGMS on 2 Nov 2017

2017-10-06

MedcoEnergi Strengthen Ownership in Power Business

PT Medco Energi Internasional Tbk announces that it has acquired a 77.68% interest in PT. Saratoga Power from Saratoga and other shareholders.