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Investment Firm
Overview
MedcoEnergi as a Private National Oil & Gas Company and its partners has succeeded in monetizing the Senoro gas field which was previously considered as stranded gas, by supplying gas to the Donggi Senoro LNG plant among others. The inauguration of both projects was in conjunction with the release of first cargo of LNG shipment by the President of the Republic of Indonesia, Mr. Joko Widodo.
Senoro Gas Development, one of MedcoEnergi's major developments, was once considered stranded gas due to its remote location and unavailability of infrastructure for the gas captives. We successfully develop and monetize the abundant gas resources into high quality markets that will take gas up to 310 mmscf per day.
In January 2015, MedcoEnergi inked a Gas Sales Agreement of over US$ 2 billion in value, monetizing 200 BCF reserves from the Block A Production Sharing Contract in Aceh Province, Indonesia. The customer is the state owned company Pertamina, with an agreed gas price of US$ 9.45 per MMBTU. This contract demonstrates the Company’s support to the development of the Indonesian domestic gas market, at the same time creating value for the company and establishing a vital economic presence in the province of Aceh.
Highlights
1980
Oil and Gas
1001-5000
2
1
2
N/A
N/A
Location
Asia
Contact Information
Social
Profile Resume
MedcoEnergi, established in 1980 and headquartered in Asia., specializes in investments across Energy, Oil and Gas, Mining. The organization boasts a portfolio of 2 investments, with an average round size of $152.0M and 2 successful exits. Their recent investments include ConocoPhillips. The highest investment round they participated in was $608.0M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
2
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1
2
Investments
2
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Sep 19, 2016 | ConocoPhillips | Energy | null |
Jul 17, 2017 | - | - | 152.0M |
Exits
2
Funding Timeline
2
0
0
Funding Rounds
2
MedcoEnergi has raised 2 rounds. Their latest funding was raised on Jul 17, 2017 from a Post-IPO Equity - Macmahon round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Sep 19, 2016 | Post-IPO Equity - ConocoPhillips | - | 0 | - |
Jul 17, 2017 | Post-IPO Equity - Macmahon | - | 152.0M | - |
Investors
1
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Post-IPO Debt - MedcoEnergi | 500.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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