Benakat eyeing coal, oil, gas assets acquisition
Tuesday, February 22 2011 - 02:29 AM WIB
IDX-listed energy firm PT Benakat Petroleum Energy Tbk readies US$100 million this year to acquire oil, gas and coal assets.
Director Firlie Ganinduto was quoted by Kontan.Com as saying that the company has secured funding commitment of up to $100 million from an undisclosed foreign bank.
Firlie said that the company is now in talks to buy a producing coal mine.(*)