• Singapore stock market and companies daily report (Interra Resources) (September 02, 2015)

    Interra Resources announced that its joint venture entity, Goldpetrol Joint Operating Company, has commenced drilling development well YNG 3270 in the Yenangyaung oil field in Myanmar.

    Interra has a 60 percent interest in the Improved Petroleum Recovery Contract of the Yenangyaung field and also owns 60 percent of Goldpetrol which is the operator of the field. YNG 3270 is being drilled using Goldpetrol’s ZJ 450 rig, implying a relatively low drilling cost is to be expected.

    Completion and results of the drilling is expected to be available in approximately 6 weeks.

    Contributed by Shares Investment
About us
StockMarketsReview.com provides news coverage, analysis and researches for world stock markets, commodities and currencies. We publish articles provided by experts of leading brokerage and investment companies. At our website investors can find daily, weekly and monthly reports, news, recommendations on the IPOs and fundamental analysis for stocks which are currently traded at the stock exchange.