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...That was quickly followed by a £408m deal for south-east Asia-focused Ophir Energy by Indonesia’s Medco Energi. The target companies shared little in common when it came to their assets....
...● Ophir Energy climbed after the explorer agreed to be bought by Medco Energi for £390m or 55p a share, a 66 per cent premium to the undisturbed price....
...● Ophir Energy was heading for its biggest-ever daily gain after the explorer said it had been approached by PT Medco Energi, the quoted Indonesian energy and mining business, about a potential cash offer...
...Malcolm Primrose, a contractor for Indonesia’s Medco Energi Internasional, was taken from his vehicle by four unknown men close to the Matang-1 exploration well in East Aceh, on the northeast of the resource-rich...
...Malcolm Primrose, a contractor for Indonesia’s Medco Energi Internasional, was taken from his vehicle by a group of unknown men close to the Matang-1 exploration well in East Aceh, on the northeast of the...
...The first contract, for 30 years, is with local companies Medco Energi and Energi Pasir Hitam to develop a deposit in South Sumatra province. Medco is Indonesia’s largest private energy company....
...Last year the Bakrie Group bought the 32 per cent stake in Lapindo owned by Medco Energi, Indonesia’s largest private energy company, in exchange for Medco withdrawing arbitration proceedings against Lapindo...
...PolyMedica rose 14.1 per cent to $51.69 after Medco Health Solutions agreed to buy the provider of diabetes-testing supplies. Medco fell 1.2 per cent to $85.11....
...Medco Energi controls 32 per cent of the project and Australia’s Santos the remaining 18 per cent....
...Indonesian oil company Energi Mega Persada said on Wednesday it would sell a subsidiary blighted by a mudflow disaster and facing hundreds of millions of dollars in clean-up costs....
...The weakness in the £2.8bn share price of Cable and Wireless, despite its recent acquisition of Energis, has also made the UK’s second-biggest telecommunications network operator look vulnerable....
...Spencer, who took a part- time role at the beleaguered UK retail group last year to join Change Capital Partners, a £300m fund backed by the Halley family; and Mike Grabiner, former chief executive of Energis...
...IndoSat, Indonesia's second-largest telecom provider, climbed 5.6 per cent to Rp4,275 while Medco Energi, the oil and gas company, soared 21.57 per cent to Rp1,550 on the back of higher oil prices....
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