PT Saratoga Investama Sedaya (SRTG) Tbk and PT Puncak Jaya Berlima have established PT Agra Energi Indonesia, which will conduct research and exploration of oil and gas. Saratoga invests US$7.5 million to get 30% shares in PT Agra Energi. This is clearly not the first time the group investing in upstream oil and gas business.To subscribe please click here