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, bringing a brand-new strategy for expansion and transformational growth focused on South East Asia. Early 2019 saw Coro acquire a 15% interest in the Duyung PSC in a deal which involved helping to fund highly successful appraisal drilling which saw 2C resources grow by 79% to 495BCF (gross).
17 Dec 2020
Highly compelling regional energy play in both renewables and gas benefitting from the rapidly growing SE Asian economies
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Highly compelling regional energy play in both renewables and gas benefitting from the rapidly growing SE Asian economies
Coro Energy Plc (CORO:LON) | 0.1 0 0.0% | Mkt Cap: 4.16m
- Published:
17 Dec 2020 -
Author:
Dr. Michael Green -
Pages:
31
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, bringing a brand-new strategy for expansion and transformational growth focused on South East Asia. Early 2019 saw Coro acquire a 15% interest in the Duyung PSC in a deal which involved helping to fund highly successful appraisal drilling which saw 2C resources grow by 79% to 495BCF (gross).