As a resource-based organization, P3GE’s main core business is in exploration and production of oil and natural gas. In addition to an exploration block, L18/50, in Thailand; P3GE is actively and aggressively acquiring both concession and PSC blocks domestically and internationally. Equipped with very strong relationship with host countries, P3GE’s E&P opportunities exist in Indonesia, Myanmar, Laos, Cambodia, Malaysia, India, Bangladesh, Madagascar, Gulf of Mexico, etc.
Unlike other energy companies in the E&P industry, P3GE has developed a fast-track mechanism with the integration of E&P technologies, field development and project economics, commercial and legal negotiations, and other facets of the overall business. From conventional commercial field development of 6-14 years, P3GE integrated field development could bring the resources to consumer within 4-5 years. This capability not only shortens the entire E&P life cycle, but also increasing economic value of the project considerably.
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