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Interra Resources Ltd. ( (SG:5GI) ) has provided an update.
Interra Resources Limited reported a 2% increase in oil production for the third quarter of 2025, with a total of 64,472 barrels produced from its Myanmar fields. Despite the completion of a new well in the Chauk Field, significant oil contribution is pending further perforation expected in the next quarter. The company continues to optimize production through waterflood projects and regular maintenance, although some areas were temporarily shut down due to water breakthrough issues.
More about Interra Resources Ltd.
Interra Resources Limited is a company operating in the oil and gas industry, focusing on the exploration, development, and production of petroleum resources. The company is involved in projects primarily in Myanmar, where it holds a significant stake in petroleum recovery contracts.
Technical Sentiment Signal: Buy
Current Market Cap: S$23.6M
For a thorough assessment of 5GI stock, go to TipRanks’ Stock Analysis page.