Indonesian focused Oil & Gas Exploration and Production

Conrad Petroleum Ltd is a private oil & gas exploration and production company headquartered in Jakarta. Our asset base includes a number of production sharing contracts in shallow water near existing infrastructure and is predominantly composed of natural gas. As we currently operate all of our projects, we control the development of all of our assets.

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Adding value through late-stage exploration and appraisal

Explore

Acquire late stage , high-reward exploration blocks with targets confirmed through rigorous seismic and subsurface evaluation.

Appraise

Acquire undervalued, overlooked, and/or technically misunderstood assets and benefit from historical activities & accumulated knowledge

Return and Re-invest

Mature projects and monetise principally via divestiture or farm-out for development. Allow others to fund lower-risk / lower ROI development expenditures.

Focused on impactful appraisal

Appraisal projects offer the best risk-reward as well as absolute upside in the industry. Conrad has built its portfolio by acquiring undervalued, overlooked and/or technically misunderstood assets. We are able to do this given the benefit of our team’s accumulated knowledge, technical expertise, and rigorous selection process.

About Us
High Impact appraisal and exploration projects
Very large gas accumulations
with large lateral extents
Fields proximal to large
consumption markets

in SE Asia
Growing natural gas markets with an insatiable demand for energy

Board and Management

Conrad’s board of directors consist of professionals with an exceptional mix of technical, operational, financial and commercial capabilities and a proven track record of identifying opportunities and executing to generate shareholder value.

Miltos Xynogalas

Chairman

Justin Pettett

Executive Director

Jeremy Brest

Non-Executive Director

David Johnson

Non-Executive Director

Paul Bernard

Non-Executive Director

Mario Traviati

Non-Executive Director

Miltos Xynogalas

"Each member is a proud ambassador of Conrad’s moral code, and thus is committed to upholding our values of courage, integrity, teamwork, respect, excellence, discipline and sustainability."

CHAIRMAN AT CONRAD PETROLEUM
Justin Pettett

We understand the critical importance of working together to achieve a common goal. We view teamwork as the foundation upon which success is built.

EXECUTIVE DIRECTOR AT CONRAD PETROLEUM
Jeremy Brest

"We strive for success in all of our endeavours, and are committed to overcoming challenges and obstacles to produce the highest level of results."

NON-EXECUTIVE DIRECTOR AT CONRAD PETROLEUM
David Johnson

"We treat others with both dignity and respect, regardless of their circumstances, situation or background. We strongly believe that everyone has the ability to bring something different to the table and make a contribution."

NON-EXECUTIVE DIRECTOR AT CONRAD PETROLEUM
Paul Bernard

"We believe in doing business the honest way. We view each of our partnerships as mutually beneficial and long term business relationships, and thus are transparent in our dealings."

NON-EXECUTIVE DIRECTOR AT CONRAD PETROLEUM
Mario Traviati

"We work hard, we set a goal, we develop an approach and we achieve a successful outcome. All of our staff pride themselves on their unmatchable work ethic."

NON-EXECUTIVE DIRECTOR AT CONRAD PETROLEUM

Updates and Articles

3 March 2019

Conrad Petroleum gets approval for Mako development plan, offshore Indonesia

Conrad Petroleum Limited (Conrad or the Company), the operator of Duyung PSC, announced that its development plan for the Mako gas field (the POD).

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11 February 2019

Coro Energy to acquire 15% stake in Duyung PSC offshore Indonesia

Coro Energy has signed an agreement to acquire a 15% direct interest in the Duyung Production Sharing Contract (PSC) in the West Natuna Basin, offshore Indonesia from West Natuna Exploration (WNEL).

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5 June 2019

Platform plan for Conrad

Private company Conrad Petroleum plans to build a small platform with compression facilities as the production host for its Mako shallow-water gas project off Indonesia.

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