Our Asset and Investment Portfolio

Coro Energy's International Expansion Strategy is underpinned by our operational experience with a portfolio of gas assets in Italy and our knowledge of the South East Asian Market.

THE COMPANY Acquired its flagship asset in early 2019, a 15% interest in the duyung psc. following a highly successful appraisal drilling campaign in q4 2019, we unlocked a 79% increase in 2c resource. the duyung asset is situated in the west natuna basin offshore indonesia, close to the west natuna transportation system which delivers gas to singapore - a country with high gas prices and supply shortages. in september 2020, we broadened our strategic focus to include low carbon energy assets including renewables, recognising that the global energy transition is well underway and significant investment in clean energy is required in order to meet climate goals.

Our Ambitious Regional Growth Strategy

We are evaluating a number of opportunities in the clean energy sector in the region. Alongside this strategic focus, we remain open to opportunities in gas, which will continue to have a key role in electricity generation, replacing coal.

Our strategy

  • Production/Development asset
  • Exploration asset
  • Other asset
South East Asia

South East Asia

Duyung PSC

Coro Energy has a 15% direct interest in the Duyung PSC, West Natuna basin, offshore Indonesia.

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  • Production/Development asset
  • Exploration asset
  • Other asset
Italy

Italy

Bezzecca

The Bezzecca gas field is located 35km east of Milan within the Cascina Castello Licence. The Bezzecca Field was awarded production concession status in July 2014 through the enlargement of the existing Cascina Castello Licence.This field started production in July 2017 and it is currently producing at around 16,000 scm / day (¬550 Mcf / day).

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Sant’Alberto

The Sant’Alberto field is located in the “San Vincenzo” permit in the Emilia-Romagna region. A production concession was awarded in October 2017. The current development plan is to have the first year’s production delivered via a low-pressure connection at about 260m from the well head.

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Sillaro

The Sillaro gas field is within the Sillaro Licence and is located in the Emilia Romagna region, 30km east of Bologna, in northern Italy. With production beginning in May 2010 from two wells (one dual completion, one single completion) the current daily production of gas from the Sillaro Field is around 9,000 scm / day (¬318 Mcf / day). A production increase is envisaged through a workover on one of the existing wells, which will be sidetracked.

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Rapagnano

The Rapagnano gas field is located onshore Italy in the Fermo Province, in the Marche region, and is currently producing around 8,000 scm / day (¬YY Mcf / day).

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