Interra Resources Ltd 2020 AR2
The report highlights Interra Resources Limited's performance and sustainability efforts for the fiscal year 2020. Despite challenges from the COVID-19 pandemic and volatile crude oil prices, the company achieved a 15.8% increase in oil production in Myanmar compared to the 2017 baseline. The company successfully completed three development wells as oil producers in the first quarter of 2020 before suspending drilling due to plunging oil prices. In terms of environmental stewardship, Interra achieved zero spills and zero safety incidents in its Myanmar operations. Additionally, the company invested approximately US$111,000 in community development projects, including providing personal protective equipment to local hospitals.
Company: Interra Resources Ltd
Sector: Mining & quarrying
Country: Singapore
Year: 2020
Type: AR2
Pages: 148
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Interra Resources Ltd
Annual Report
The report highlights Interra Resources Limited's performance and sustainability efforts for the fiscal year 2020. Despite challenges from the COVID-19 pandemic and volatile crude oil prices, the company achieved a 15.8% increase in oil production in Myanmar compared to the 2017 baseline. The company successfully completed three development wells as oil producers in the first quarter of 2020 before suspending drilling due to plunging oil prices. In terms of environmental stewardship, Interra achieved zero spills and zero safety incidents in its Myanmar operations. Additionally, the company invested approximately US$111,000 in community development projects, including providing personal protective equipment to local hospitals.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available