Company
Coro Energy PLC
LON:CORO
Coro Energy PLC is a South East Asian focused energy company with a growth strategy centred on low-carbon energy investments, supported by a high-quality gas asset. The company's regional growth strategy is underpinned by a 15% interest in the Duyung PSC, containing the 495 Bcf (2C gross) Mako gas field, located offshore Indonesia. Coro also has interests in proposed solar and wind projects in the Philippines.
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Today's Oil and Gas Update: Coro Energy, and more...
Market Update: 15 June 2023LON:SOU* - NAV Update - Funding secured and likely partner revealedLON:CORO - Vietnam solar acquisitionCVE: CEQ - Transformative acquisitionBW Energy (FRA: 6BW) & Panoro Energy (OTCMKTS:PESAF) - Production addedEn
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Small Cap Feast - Coro Energy, Eden Research, and more...
*A corporate client of Hybridan LLP** Arranged by most recent first*** Alphabetically arrangedDish of the dayJoiners: No joiners today. Leavers: No levers today. What’s cooking in the IPO kitchen?**CAB Payments Holdings Limited a market len
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Malcy's Blog - Oil price, Coro, Petro Matad, Jadestone. And finally…
WTI (June) $71.55 -31c, Brent ( July) $75.58 -28c, Diff -$4.03 +3c. USNG (June) $2.58 -1c, UKNG (June) 65.8p -2.74p, TTF (June) €29.375 -€0.72.Oil priceOil rose last week for the first time in a while as a feeling that with the recovery com
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Flash blog: PetroTal, Rockhopper, Coro.
A flash blog today as I’m in town for meetings and interviews so just to say that as usual any important extra news will be followed up tomorrow. As I write the Jadestone RNS has been withdrawn for a correction so that will come tomorrow wh
Coro Energy to appoint Naheed Memon as non-executive
Coro said it intends to appoint Oracle Power boss Naheed Memon as a non-executive director
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Malcy's Blog - Oil price, Zephyr, PetroTal, CEG, Coro, Tullow, Angus, PetroMatad. And finally…
WTI (Mar) $80.14 +42c, Brent (Apr) $86.61 +22c, Diff -$6.47 -20c. USNG (Mar) $2.40 -11c, UKNG (Mar) 129.75p -0.25p, TTF (Mar) €52.3 -€0.09.Oil priceMarkets are nervous ahead of the US CPI numbers later today which will have an impact on US
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The Pay Zone - Oil price, Coro. And finally...
WTI (Mar) $81.01 +86c, Brent (Mar) $87.47 +$1.35, Diff -$6.46 +49c. USNG (Feb) $2.94 -12c, UKNG (Feb) 136.44p -7.56p, TTF (Feb) €52.7 -€5.79.Oil priceOil was better yesterday as US economic data beat the whisper at GDP, jobless claims and d
Coro Energy reports sharp rise in Italian gas production
Higher production reflects the restart of the Bezzecca field on 8 November 2022
Coro Energy in exclusive talks over Vietnam solar acquisition
“Any acquisition pursuant to the exclusivity period would take our Vietnam portfolio to 6.258 megawatts"
Coro Energy says stabilised production rates from Bezzecca giving good indications for long-term field performance
The company noted that the well has been producing at a stabilised rate of 15,000 standard cubic metres per day (scm/day) since November 18, 2022
Coro Energy back in production at Bezzecca in Italy
The well demonstrated strong pressure support, Coro said
Coro Energy says updated development plan for Indonesia gas project receives official green light
The company has a 15% interest in the operation that is expected to begin production in 2025
Coro Energy making hay from Italian portfolio before sale
Coro said in August that it had agreed an option on a potential sale of the Italian portfolio but has generated over €4mln of cash this year
Coro Energy gets endorsement for Philippines-based 100MW wind project
AIM-listed company will file application for a wind energy service contract by November 20222
Coro Energy’s Vietnam solar pilot project is up and running
“We have set a high bar for future projects, but we now know our capabilities and look forward to rapidly building our solar portfolio"
Coro Energy says gas market ‘very much’ favours Mako development
The company's gas portfolio was boosted by market conditions during the first six months of 2022
Coro Energy’s Parsons ‘delighted with progress’ as Mako project advances
“We are delighted with progress on our flagship asset, the Duyung PSC,” James Parsons said.
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Malcy's Blog - Oil price, Union Jack, Angus, Scirocco, Coro, Echo. And finally…
WTI (Oct) $91.64 -$5.37, Brent (Oct) $ 99.31 -$5. 78, Diff -$7.67 -41c.USNG (Sept) $9.04 -31c, UKNG (Oct) 535.0p -65p, TTF€275.8 +15.8*. *ExpiryOil priceOil fell, Iraq said that whatever the domestic circumstances they would still pump 4m b
Coro Energy commissions Vietnam rooftop solar pilot
“Phong Phu Corporation, the client and off-taker of power, are delighted with the installation"
Coro Energy agrees sale option for Italian assets, reshuffles board
Coro said it had decided to sell its Italian assets after receiving unsolicited approaches
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Small Cap Feast - Coro Energy, and more...
27 July 2022*A corporate client of Hybridan LLP** Arranged by most recent first*** Alphabetically arrangedDish of the dayJoiners:No joiners today.Leavers:No leavers today.What’s cooking in the IPO kitchen?**Inteliqo Limited, intends to join
Coro Energy says revenue at its Italian business boosted by strong second quarter
The gas-producing asset has come back into favour in recent months
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Malcy's Blog - Oil price, Savannah, Petrofac, President, Getech, Coro.
WTI (August) $109.57 +$1.95, Brent (August) $115.09 +$1.97, Diff -$5.52 +2cUSNG (July) $6.50 +28c, UKNG (July) 168.0p -2.0p, TTF €125.50 -€8.83Oil priceA bizarre playground type incident happened at the G7 meeting, sleeves rolled up M Macro
Coro Energy sees 'huge opportunity' in market volatility
The company told investors it is “extremely confident” in what can be achieved in 2022
Coro Energy restarts production at Sillaro in Italy
Significant improvements relating to the moisture in the sales gas have been made
Coro Energy updates on Italian production
Hot weather has affected production at the Sillaro gas field
Coro Energy buoyed by high gas prices in Italy
Gas prices in Italy had risen by more than 700% over the past year
Coro Energy signs long-term energy supply contract
The agreement is expected to generate revenues between US$9mln and US$11mln over the 25-year duration
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Malcy's Blog - Oil price, Orcadian, Gulf Keystone, Coro. And finally…
Oil price, Orcadian, Gulf Keystone, Coro. And finally…WTI $104.24 -$1.72, Brent $110.23 -$2.25, Diff -$5.99 -53c, NG $5.34 -17c, UKNG 280.0p +20.59pOil priceAnother down day as the same combination of the peace talks and Chinese Covid crisi
Coro Energy resumes gas production at Sillaro in Italy
Coro expects to generate in excess of €5mln per annum of free cash flow from its Italian portfolio
Coro Energy to relaunch Italian gas portfolio
The company sees ‘solid’ near-term cash flows supporting its growth plans in South East Asia.
Coro Energy in talks over its deal to dispose Italian assets
Regulatory approvals were required by February 26 and are yet to be granted by the Italian authorities.
Coro Energy makes low-cost entry to Vietnamese renewable energy industry
The company will be able to own up to 85% of new rooftop solar projects through the agreement
Coro Energy well placed to continue momentum as it prioritises low carbon investments
With an exciting portfolio of clean energy projects the company says it is "well placed"
SP Angel sees possible cash generation boost for Coro Energy
“This transaction enables Coro to secure access to a significant portfolio in Vietnam which should see cash generative projects with short development cycles,” the broker said in a note.
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Today's Oil & Gas Update - Coro Energy;Helium One and more...
Market Update: Monday 12 July 2021 Coro Energy (AIM:CORO): Coro enters in the Vietnamese renewables space Helium One (AIM:HE1): Further Helium gas shows detected during drilling SDX Energy (AIM:SDX): 1H 2021 trading update underlines robust
Coro Energy expands renewable energy business with Vietnam rooftop solar portfolio
“We are delighted to continue rapidly building our clean energy portfolio alongside the progress we are making on our utility scale projects in the Philippines," said Mark Hood
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Oil price, Petro Matad, Coro, Hurricane, Block/Scirocco, Getech. And finally…
The rumour merchants on Opec stability were out in force yesterday as so-called experts were quick to talk of an Opec+ break-up. Their concerns, which tended to go from No deal = no new oil yesterday to No deal = a free for all today. But t
Coro Energy's associate Ion Ventures inks transformational partnership with GLIL Infrastructure Fund
The new tie-up validates Coro's initial buy-in to ion and likely underpins a significant uplift in the value of that investment, according to chief executive Mark Hood
Coro Energy investee company accelerates UK energy storage roll-out with infrastructure fund deal
ion Ventures is teaming up with the GLIL Infrastructure Fund
Coro Energy tidying up and positioned as energy transition opportunity
The company is looking forward to multiple value catalysts in the coming period.
Coro Energy agrees to sell legacy Italian gas assets
The company is focused on its energy transition strategy in South East Asia
Coro Energy says its excited about value-add potential for 2021 as renewable energy strategy advances
“We have an exciting, blended portfolio of energy assets, with our operated renewable energy portfolio sitting alongside our investments in the non-operated Duyung PSC and ion Ventures," James Parsons said.
Coro Energy advances Philippine solar and wind projects towards first key milestones
"This is an exciting time for Coro Energy," said chief executive Mark Hood.
Coro Energy - Company Q&A
Company Q&A - Coro Energy chairman James Parsons provides insights into the company, energy transition and 'ESG energy'.
Oil and Gas Update - Great Eastern Energy, Jadestone Energy, Lekoil
Oil Price News Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its ambition to be a net-zero emissions business by 2050 Pulau Bukom hosts the largest
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Malcy's Blog: Oil price, Coro, Zenith, Range Resources/Star Phoenix, Angus – And finally…
Oil price It looked like the rally was going to be better than it was yesterday, when I signed off the blog I noted a gain of ‘over a dollar’ as the markets assessed tariffs and the Opec+ meeting. Indeed the Saudi mantra for ‘deeper cuts’ l
Coro Energy says Tambak-1 well confirms Mako is a “very valuable gas resource”
"We are very pleased with the flow test results announced today and the appraisal results overall from this drilling campaign," said Coro chief executive James Menzies.