Continental Energy Corporation
Continental Energy is a junior oil and gas exploration company with assets in Indonesia. Continental Energy has production-sharing contracts giving it exclusive petroleum exploration and production rights in two significant exploration concessions, the Bengara-II (with about 1.2 million acres) and the Yapen block. The exploration and production company also had a concession to develop the Bangkudulis Oil Field, but sold it in 2005. In 2007 Continental Energy set up a biofuels subsidiary, Continental Biofuels. Directors and officers own about 24% of the Continental Energy.