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PTT Exploration and Production PCL (PEXNY.PK)

PEXNY.PK on OTC Markets Group

8.61USD
16 Jul 2019
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Latest Key Developments (Source: Significant Developments)

PTT Exploration And Production Pcl Sees Total Expenditure For 2019-2023 Of $21,354 Mln
Thursday, 11 Jul 2019 08:02pm EDT 

July 12 (Reuters) - PTT Exploration and Production PCL ::ESTIMATED TOTAL EXPENDITURE 2019 IS US$3,577 MILLION.SEES TOTAL EXPENDITURE FOR 2019-2023 OF $21,354 MILLION.EXPECTED AVERAGE PETROLEUM SALES VOLUME 2019 345 KBOED.FOR FIVE-YEAR INVESTMENT PLAN, CO ALLOCATES TOTAL CAPEX OF $12,659 MILLION.EXPECTED AVERAGE PETROLEUM SALES VOLUME FOR 2020 - 365 KBOED, 2021 - 380 KBOED, 2022 - 409KBOED, 2023 - 437KBOED.  Full Article

PTT Exploration and Production Announces Acquisition Of Partex Holding BV
Monday, 17 Jun 2019 06:34am EDT 

June 17 (Reuters) - PTT Exploration and Production PCL ::ANNOUNCES ACQUISITION OF PARTEX HOLDING B.V.DEAL FOR TOTAL CONSIDERATION OF ABOUT $622 MILLION.UNIT PTTEP HK HOLDING SIGNED SHARE PURCHASE AGREEMENT TO BUY PARTEX HOLDING BV FROM CALOUSTE GULBENKIAN FOUNDATION.  Full Article

PTTEP's Unit & Petronas Carigali Sign Production Sharing Contracts With Petroliam Nasional
Thursday, 21 Mar 2019 07:17am EDT 

March 21 (Reuters) - PTT Exploration and Production PCL ::UNIT & PETRONAS CARIGALI SIGNED PRODUCTION SHARING CONTRACTS WITH PETROLIAM NASIONAL FOR EXPLORATION & PRODUCTION RIGHTS.  Full Article

PTT Exploration And Production's Unit To Acquire Murphy Oil Corp's Business In Malaysia
Thursday, 21 Mar 2019 07:17am EDT 

March 21 (Reuters) - PTT Exploration and Production PCL ::UNIT SIGNED SHARE SALE AND PURCHASE AGREEMENT TO ACQUIRE 100% OF MURPHY OIL CORP'S BUSINESS IN MALAYSIA.TRANSACTION IS BASED ON ENTERPRISE VALUE OF $2,127 MILLION.DEAL INCLUDES EXTRA $100 MILLION CONTINGENT UPON DISCOVERY AT CERTAIN SIGNIFICANT THRESHOLD OF OIL IN SK405B PROJECT.PTTEP PLANS TO USE ITS AVAILABLE CASH TO FUND THE ACQUISITION.  Full Article

PTT Exploration And Production Says Started Development On Phase 1 Of Algeria Hassi Bir Rekaiz Project
Tuesday, 19 Mar 2019 01:55am EDT 

March 19 (Reuters) - PTT Exploration And Production Pcl ::CO, SONATRACH AND CNOOC HAVE STARTED DEVELOPMENT ON PHASE 1 OF ALGERIA HASSI BIR REKAIZ PROJECT.FIRST OIL PRODUCTION FROM PROJECT FOR INITIAL PHASE OF 10,000-13,000 BARRELS PER DAY EXPECTED IN EARLY 2021.PLAN FOR THE SECOND PHASE PRODUCTION CAPACITY RAMPING UP TO AROUND 50,000-60,000 BPD IN 2025 FOR ALGERIA PROJECT.  Full Article

PTT Exploration And Production Unit To Acquire Stake In Apico LLC
Thursday, 14 Feb 2019 09:04pm EST 

Feb 15 (Reuters) - PTT Exploration and Production PCL ::UNIT SIGNED AGREEMENT TO ACQUIRE 33.8% STAKE IN APICO LLC FROM TATEX THAILAND LLC AND TATEX THAILAND II LLC.DEAL FOR USD 64 MILLION.AFTER TRANSACTION, PTTEP’S STAKE IN PROJECT WILL INCREASE TO 66.8 PERCENT.  Full Article

PTT Exploration And Production PCL Posts FY Profit For Year $1.12 Bln
Wednesday, 30 Jan 2019 01:13am EST 

Jan 30 (Reuters) - PTT Exploration and Production PCL ::FY PROFIT FOR YEAR $1.12 BILLION VERSUS $593.5 MILLION.FY TOTAL REVENUES $5.46 BILLION VERSUS $4.52 BILLION.ESTIMATED SALES VOLUME FOR Q1/2019 AND FULL-YEAR 2019 OF ABOUT 309 BOED AND 318 BOED, RESPECTIVELY.PROPOSE 2018 DIVIDEND PAYMENT OF BAHT 5.00 PER SHARE.IN Q1/2019 & FOR FULL-YEAR 2019, PTTEP ENDEAVORS TO UPHOLD ITS COMPETITIVE UNIT COST AT AROUND 32 USD/BOE.FOR 2019, AVG DUBAI CRUDE PRICES EXPECTED TO RANGE BETWEEN 55-65 USD PER BARREL .  Full Article

PTT Exploration And Production Announces Temporary Shutdown Of Bongkot’S Operation
Wednesday, 2 Jan 2019 08:47pm EST 

Jan 3 (Reuters) - PTT Exploration and Production PCL ::ANNOUNCES TEMPORARY SHUTDOWN OF BONGKOT’S OPERATION DUE TO TROPICAL STORM ‘PABUK’ ENTERING THE GULF OF THAILAND.EXPECTS THE OPERATION SHUTDOWN IN THE BONGKOT PROJECT AROUND 4 – 7 DAYS.AVERAGE SALES VOLUME DURING SHUTDOWN PERIOD ESTIMATED TO REDUCE BY 96,700 BARRELS OF OIL EQUIVALENT PER DAY.PRODUCTION FROM ARTHIT PROJECT CONTINUES.  Full Article

PTT Exploration And Production Announces Renewal Of Short-Term Inter-Company Borrowing & Lending Agreement With PTT
Thursday, 20 Dec 2018 05:08am EST 

Dec 20 (Reuters) - Ptt Exploration And Production Pcl ::ANNOUNCES RENEWAL OF SHORT-TERM INTER-COMPANY BORROWING AND LENDING AGREEMENT WITH PTT PCL.  Full Article

PTT Exploration And Production Updates On Management Changes
Friday, 7 Dec 2018 05:18am EST 

Dec 7 (Reuters) - PTT Exploration and Production PCL ::SUMRID SUMNEING APPOINTED AS THE EXECUTIVE VICE PRESIDENT, FINANCE AND ACCOUNTING GROUP.YONGYOS KRONGPHANICH ASSIGNED AS THE EXECUTIVE VICE PRESIDENT, CORPORATE FINANCE AT PTT PUBLIC COMPANY LTD.  Full Article

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