Coro Energy is the old Saffron Energy, which joined AIM in February 2017 with onshore gas producing interests in Italy. Within 12 months a new management team had taken over, led by James Parsons as Chairman. He brought a brand-new strategy for expansion and transformational growth focused on South East Asia. 2019 saw Coro acquire a 15% interest in the Duyung PSC in a deal which involved helping to fund a highly successful appraisal drilling campaign which showed just how large this project really is. In 2021, Coro acquired GEPL and 20% of ion Ventures. These vehicles are both being used to further the company's renewables strategy in South East Asia.
11 Oct 2022
Coro Energy - Research Update
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Coro Energy - Research Update
Coro Energy Plc (CORO:LON) | 0.2 0 0.0% | Mkt Cap: 5.59m
- Published:
11 Oct 2022 -
Author:
Michael Green -
Pages:
30
Coro Energy is the old Saffron Energy, which joined AIM in February 2017 with onshore gas producing interests in Italy. Within 12 months a new management team had taken over, led by James Parsons as Chairman. He brought a brand-new strategy for expansion and transformational growth focused on South East Asia. 2019 saw Coro acquire a 15% interest in the Duyung PSC in a deal which involved helping to fund a highly successful appraisal drilling campaign which showed just how large this project really is. In 2021, Coro acquired GEPL and 20% of ion Ventures. These vehicles are both being used to further the company's renewables strategy in South East Asia.