PT Medco Energi Internasional Tbk - Company Profile
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PT Medco Energi Internasional Tbk (MedcoEnergi), a subsidiary of PT Medco Daya Abadi Lestari, explores for and develops oil and gas fields, and provides energy related services, and support services for oil and gas business. Substantial reserves base, integrated business operations and geographic presence strengthened its operations, even as an increase in debt could be a cause for concern. Nevertheless, an increase in oil demand: strategic initiatives and strategic acquisitions could provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, foreign currency fluctuations and operational risks could affect its operations.
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