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MAINBOARD-LISTED Interra Resource has entered a conditional subscription agreement that will raise S$2.8 million and give placee Poly Legend International a 9.53 per cent stake of its enlarged issued share capital, the watch-listed petroleum exploration and production firm said on Monday nig...

SINGAPORE (Mar 9): Oil prices suffered the greatest price collapse since 1991 after Saudi Arabia ignited a price war with Russia following the latter’s refusal to join production cuts with OPEC.  Shortly after the opening bell, the international benchmark Brent crude, plunged from US$45 a barrel...

PETROLEUM exploration and production firm Interra Resources said on Tuesday that its joint-venture entity, Goldpetrol Joint Operating Company, has completed development well CHK 1220 in the Chauk oil field in Myanmar as an oil producer.

SINGAPORE (Dec 17): SAC Capital is maintaining its “buy” call on oil explorer and producer Interra Resources with a target price of 8.9 cents, representing an upside potential of some 71% for the stock.  In a Thursday report, analyst Terence Chua opines that Interra is at a “key inflexion po...

SINGAPORE (Oct 10): Analysts are optimistic over the prospects of oil explorer and producer Interra Resources, following the company’s announcement that it will commence drilling at an onshore oilfield south of Central Kalimantan. Interra has a 67.5% working interest in the Indonesian oilfield kn...