Interra Resources Ltd. ( (SG:5GI) ) has provided an update.
Interra Resources Limited reported that its oil fields in southeast Central Myanmar were not significantly impacted by the recent 7.7-magnitude earthquake in the Sagaing region. Although operations at the Chauk and Yenangyaung fields experienced temporary disruptions due to power outages, they have resumed at reduced capacity using backup generators. The company has implemented robust health and safety protocols and expects to return to full production soon. Additionally, Interra is enhancing its corporate sustainability efforts by providing financial aid and essentials to support earthquake relief efforts in the local community.
More about Interra Resources Ltd.
Interra Resources Limited, based in Singapore and listed on the SGX Mainboard, is involved in petroleum exploration and production (E&P), focusing on petroleum production, field development, and exploration. The company is also expanding into renewable energy.
YTD Price Performance: -12.20%
Average Trading Volume: 643,877
Technical Sentiment Signal: Sell
Current Market Cap: S$23.6M
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