Conrad Asia Energy Ltd is a Southeast Asian upstream oil & gas company led by a strong senior management team with proven technical, operational and financial expertise. Conrad is headquartered in Singapore and listed on the Australian Securities Exchange (ASX:CRD) since 2022.
Conrad has a strong operational presence in Indonesia where it operates 3 production sharing contracts (PSCs). Conrad's Mako Gas Project in the Duyung PSC is fully funded and on-track to deliver first gas by end-2027. Conrad also has 100% interest in 2 PSCs in Aceh with 4 existing gas discoveries. With the Mako project underway, Conrad is commencing commercialization activities on the Aceh PSCs as well as actively evaluating other inorganic growth opportunities more broadly in Southeast Asia.
Why Invest
Investment Highlights
A focused portfolio of natural gas assets positioned at the intersection of Asia's fastest-growing demand market and proven offshore production capability.
01
Exposure to Southeast Asia’s Fastest-growing Energy Market
- Anchored by 3 operated shallow-water gas PSCs in Indonesia
- Over 60% gas demand growth forecast in Indonesia over the next decade
02
Fully Funded Mako Gas Project
- FID taken March 2026, with first gas expected 4Q 2027
- Forecast to produce ~US$3bn in gross revenue over PSC term
03
Significant Upside from Aceh PSCs
- 100% operated interest in 2 PSCs in Aceh with 4 existing discoveries
- ~15 Tcf of exploration upside potential
04
Proven Board & Management Team
- Strong senior leadership with deep technical, operational & financial expertise
- Singapore incorporated with strong operational presence in Indonesia
Portfolio
Our Projects
Three operated production sharing contracts across offshore Indonesia — anchored by the fully-funded Mako Gas Field and the high-potential Aceh exploration acreage.
Leadership
Our Board
An experienced team with a proven track record of value creation in Asian energy markets.
Peter Botten
Executive Chairman
Miltos Xynogalas
Founder, MD & CEO
David Johnson
Exec Director & COO
Paul Bernard
Non-Executive Director
Jeremy Brest
Non-Executive Director
Mario Traviati
Non-Executive Director
