Speculations on Medco Energi

Medco Energi (MEDC) has acquired two big assets: shares in Batu Hijau gold & copper mine in West Nusa Tenggara from Newmont and Sumitomo and shares in Natuna oil and gas assets from ConocoPhillips. The combined acquisition consideration for these assets is around US$3 billion. As such, people continue to speculate on ownership change at Medco Energi.

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