Yearly Archives: 2014

/2014

Mitra Energy Limited Announces Mailing of Explanatory Statement

December 2nd, 2014|Corporate News|

02 December, 2014 – Kuala Lumpur, Malaysia: Mitra Energy Limited (“Mitra”) announces that, in connection with the previously announced proposed business combination (the “Proposed Transaction”) of Mitra and Petra Petroleum Inc. (the “Corporation” or “Petra”) (TSXV: “PTL”) to be effected by way of a scheme of arrangement (“Scheme of Arrangement”) in accordance with the laws of [...]

Philippines: Mitra and TOTAL commit to drill high impact ultra-deepwater well on SC 56 “Halcon” Prospect; Exploration Period Extension granted and block area extended.

November 27th, 2014|Philippines|

Mitra Energy (Philippines SC-56) Limited (“Mitra”) is pleased to announce commitment by the Service Contract 56 (“SC 56”) Joint Venture to the drilling of an ultra-deepwater exploration well to test the high impact “Halcon” Prospect. The well is to be drilled as part of the Farmout Agreement with Total E&P Philippines B.V. (“TOTAL”) who were assigned [...]

Mitra Energy Limited Announces Definitive Agreement with Petra Petroleum Inc.

October 27th, 2014|Uncategorized|

27th October, 2014 – Kuala Lumpur, Malaysia: Further to the press release dated September 4, 2014, Mitra Energy Limited (“Mitra”) is pleased to announce that it has entered into the definitive agreement (the "Definitive Agreement") with Petra Petroleum Inc. (“Petra”) (TSXV: “PTL”), a company incorporated pursuant to the laws of British Colombia and listed on the [...]

Appointment of New Chairman

September 12th, 2014|Corporate News|

We regret to announce that Chris von Christierson has chosen to retire from his position as Chairman of the company. We thank Chris for his contribution to the development of Mitra during his period as Chairman.

Farm-out agreement with Azimuth Vietnam Limited

August 22nd, 2014|Vietnam|

Mitra Energy Limited ("Mitra") is pleased to announce that its subsidiary operating company for the Block 127 PSC, offshore Vietnam, has entered into a farm-out agreement with Azimuth Vietnam Limited ("AziPac") for the partial assignment of Mitra's participating interest in the PSC. Under the terms of the agreement, Mitra will assign a 25% participating interest in [...]

Bone PSC enters into farm-out agreement with AziPac

June 9th, 2014|Indonesia|

Mitra Energy Limited ("Mitra") is pleased to announce that its subsidiary operating company for the Bone PSC, offshore Indonesia, has entered into a farm-out agreement with AziPac, through its wholly owned subsidiary Azimuth Indonesia Limited ("AziPac"), for the partial assignment of Mitra's participating interest in the PSC. Under the terms of the agreement, Mitra will assign [...]

51-TC-2X drilling concludes

April 4th, 2014|Vietnam|

Drilling of the 51-TC-2X (Tho Chu) well in Block 51, offshore Vietnam, has concluded and P&A operations are now commencing. The well was drilled vertically to a total depth of 3,113.5m MD (3,078.5m TVDSS) by the Ensco 104 jack-up drilling rig as an appraisal of the 2012 51-TC-1X  oil and gas discovery. The well was deepened [...]

Mitra spudds 51-TC-2X well in Block 51, offshore Vietnam

March 14th, 2014|Vietnam|

The partnership of the Block 51 PSC today spudded 51-TC-2X well in Block 51, offshore Vietnam. The well will appraise the Tho Chu discovery made by the 51-TC-1X exploration well in 2012. The drilling operation is being carried out by the Ensco 104 jack-up drilling rig. Mitra holds a 35% operating working interest in the PSC [...]