Summary
Mitra Energy Limited ('Mitra') is a privately owned independent oil and gas exploration company focusing on the Asia-Pacific region. Since the company's formation in mid-2005, its initial focus on Indonesia, the Philippines, Vietnam and Thailand has resulted in the acquisition of a number of high quality exploration assets.
Mitra recognises that local representation is essential in building and maintaining partnerships in the region. To this end, Mitra has established country offices in Jakarta, Ho Chi Minh City and Manila with representations in Singapore and Bangkok. The headquarters in Kuala Lumpur identifies new venture opportunities and provides technical and managerial support to the assets.
Mitra's team of more than twenty explorers have considerable Asia-Pacific experience. It prides itself on its technical excellence, recognising this as a key attribute for identifying, acquiring and maximizing the value of its exploration assets.
Strategy
Mitra believes that considerable value can be created by adding reserves through exploration. The company's strategy is to acquire large working interests, ideally as operator, in diverse, high impact exploration plays within the Asia-Pacific region. Mitra leverages its high level of technical expertise to define an asset's risk/reward profile and capital exposure and deliver exploration success through the drillbit.
As a responsible corporate citizen, Mitra places safety, environmental and social responsibility considerations at the core of its business and operational decision making. |
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