Thursday, September 28th 2023

Coro Energy – CFO Interview

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Interview With Andrew Dennan CFO Of Coro Energy

Doc Holiday recently caught up with Coro Energy’s Chief financial officer to discuss further the recent announcements made by the company including the recent rig visit to Singapore prior to the spud of the Duyung Psc. A two-well programme planned to i) test the Tambak exploration prospect and appraise the central area of the Mako gas field (Tambak-1) and ii) a large step out (over 13 km) to appraise the southern area of the Mako gas field (Tambak-2).

We also learn more about the recent multi TCF gas discovery in offshore Sarawak, Malaysia from a neighbouring block NorthWest of Coro’s interest with Petronas, PTTEP announced 252m of net pay indicating a multi-TCF gas discovery. The well was tested in carbonate main target reservoir with a completion-constrained (2-7/8” tubing) rate of 41.3 MMSCFD and 246 barrel of condensate per day (BCPD) through 40/64-inch choke size.

During the interview, we hear Dennan reveal more about the near-term future plans of the company, with an order of magnitude in and around the upcoming 2 well programme with some brief analysis from Sarawak. If you enjoy the interview feel free to share it as you wish.

Andrew Dennan CFO at Coro Energy talks to Totalmarketsolutions here.
Andrew Dennan, Coro Energy CFO presenting at London South East’s Oil & Gas Evening.
The author was not remunerated but holds shares in the company