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JAKARTA. Shares of PT Benakat Petroleum Energy (Bipi)positive moves this morning. At 09:45, the stock shot Bipi 2.5%to $ 205.
Demand for shares Bipi allegedly associated with company's corporate action plan. As reported previously KONTAN, Bipi was still eager to release ownership of coal mines. Cash sources said that oil and gas companies are re-exploring the sale ofconcessions owned coal mines in East Kalimantan.
Currently Bipi have coal concessions in East Kalimantan, WestKutai region with a broad reach 9.384 hectares. Estimated levels of coal at the site between 5011 to 5.932 Kcal / Kg.
"The plan to remove the concession Bipi owned coal mine inEast Kalimantan in our opinion is a good business strategy. Withthis plan, Bipi can focus more on the business of exploration andproduction of oil and gas," explains Head of Research eTrading Securities Reynaldi Betrand.
source:http://investasi.kontan.co.id
please give me comments thanks
Demand for shares Bipi allegedly associated with company's corporate action plan. As reported previously KONTAN, Bipi was still eager to release ownership of coal mines. Cash sources said that oil and gas companies are re-exploring the sale ofconcessions owned coal mines in East Kalimantan.
Currently Bipi have coal concessions in East Kalimantan, WestKutai region with a broad reach 9.384 hectares. Estimated levels of coal at the site between 5011 to 5.932 Kcal / Kg.
"The plan to remove the concession Bipi owned coal mine inEast Kalimantan in our opinion is a good business strategy. Withthis plan, Bipi can focus more on the business of exploration andproduction of oil and gas," explains Head of Research eTrading Securities Reynaldi Betrand.
source:http://investasi.kontan.co.id
please give me comments thanks
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