Continental Energy CorpOOTC CPPXF Stock Report

Continental Energy Corp. is an oil and gas exploration company, which engages in the development, ownership, and operation of small-scale crude oil refineries. The company is headquartered in Vancouver, British Columbia. The firm refines and delivers fuels directly to under-served local markets in the emerging economy of Indonesia. Its oil and gas business activities include both upstream and downstream activities. The company operates through its subsidiaries, PT Continental Hilir Indonesia (PT-CHI) and PT Kilang Kaltim Continental (PT KKC). PT-CHI provides management consulting services to local Indonesian crude oil producers, regional investors, local lenders, and energy infrastructure development enterprises of regency or provincial level governments. PT KKC builds, owns, and operates about 24,000 barrels per day capacity crude oil refinery at the KIPI Maloy International Port and Industrial Park, a special economic zone and industrial center located in the Kutai Timur Regency of East Kalimantan Province, Indonesia. The Maloy Refinery focuses to refine local domestic Indonesian crude oil feedstocks.