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The latest update is out from Interra Resources Ltd. ( (SG:5GI) ).
Interra Resources has released an independently evaluated summary of its oil reserves and resources as at 31 December 2025, covering petroleum concessions in Myanmar and prospective hydrocarbon resources in Indonesia. The Qualified Person’s Reports, prepared by PT Rock Fluid Imaging Lab in accordance with SGX and SPE-PRMS standards, show declines in proved and probable reserves in Myanmar, mixed movements in contingent resources classified as “development on hold,” and substantial unrisked prospective resources in Indonesia.
The company also confirmed that it has met all conditions tied to an earlier waiver and extension of time granted by SGX Regulation for filing its FY2025 reserves and resources update. By issuing this announcement, Interra satisfies SGX’s disclosure requirements, providing investors with greater visibility on the group’s hydrocarbon asset base as it pursues a strategic shift toward renewables and other resource opportunities in the region.
More about Interra Resources Ltd.
Interra Resources Limited is a Singapore-incorporated company listed on the SGX Mainboard and traditionally engaged in petroleum exploration and production. The group is diversifying into sustainable, high-demand resources, including floating solar farms and other solar photovoltaic power projects in Indonesia, as well as silica sand concessions in West Kalimantan and a strategic stake in ASX-listed critical minerals explorer Morella Corporation.
Technical Sentiment Signal: Sell
Current Market Cap: S$23.6M
Learn more about 5GI stock on TipRanks’ Stock Analysis page.