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 improved operating performance are its strengths, even as increase in debt could be a cause for concern. Nevertheless, growing demand for electricity in Indonesia, contracts and agreements, and strategic acquisitions could provide adequate growth opportunities to the company. However, fluctuation in oil and gas prices, foreign currency fluctuations and operational risks could affect its operations.
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