Coro Energy (LSE: CORO) - One thing lead to another, we were young
Matthew Gordon, Ptolemy Capital
Interview with James Menzies, CEO of Coro Energy (LSE: CORO)
Coro Energy is a Public Oil & Gas exploration junior in London. Their share price has been in freefall and we discuss with Menzies how they plan to change that with the development of a couple (indonesia and Malaysia) of shallow offshore assets. They are off-loading their Italian assets as Italy is becoming more difficult.
Menzies has a track-record building small businesses having built Salamander and sold it to Ophir in 2014, albeit it different times when capital was more readily available. However the experience was important to build contacts and knowhow of how to develop O&G businesses in SE Asia. Menzies describes his business plan and strategy for developing Coro Energy.
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