PT ACE OLDFIELDS TBK

Company Profile: PT ACE OLDFIELDS TBK

PT ACE OLDFIELDS TBK is an Indonesian company operating within the oil and gas industry. It is a publicly listed entity on the Indonesia Stock Exchange (IDX). The company's primary business activities are focused on two main areas:

1. Oil and Gas Exploration and Production (E&P): PT ACE OLDFIELDS TBK is involved in the exploration, development, and production of oil and natural gas. This includes the management and operation of oil and gas fields to extract hydrocarbon resources.

2. Oilfield Services: The company also provides a variety of services to other companies in the oil and gas sector. These services may include the rental of specialized oilfield equipment, operational support, maintenance services, and other technical assistance required for oil and gas operations.

Factory or Trader:

PT ACE OLDFIELDS TBK is neither a factory (manufacturer) nor a pure trading company. It is an oil and gas exploration and production company, as well as an oilfield service provider. While they acquire and utilize equipment for their operations or for providing services, their core business model is not manufacturing goods or simply buying and selling them as a trader. They are primarily an operator and service provider within the energy sector.

Based on available information, PT ACE OLDFIELDS TBK is involved in:

* Upstream Oil and Gas

* Coal Mining