Mitra Energy Inc (MTE) Rating Reiterated by TD Securities
TD Securities reissued their speculative buy rating on shares of Mitra Energy Inc (CVE:MTE) in a research report report published on Wednesday. TD Securities currently has a C$0.95 target price on the stock.
About Mitra Energy
Mitra Energy Inc, formerly Petra Petroleum Inc, is an oil and gas company. The Company is engaged in exploration, appraisal and pre-development activities in South East Asia (the Philippines, Vietnam and Indonesia), with a portfolio of over 10 exploration and pre-development assets. Its portfolio comprises over 12.8 million acres and consists of over two service contracts (SCs) in the Philippines (SC-56 and SC-57), over five production sharing contracts (PSCs) in Vietnam (Block 51, Block 46-07 and Block 45, Block 127 and Block MVHN/12KS) and over three PSCs in Indonesia (Bone, Sibaru and Titan blocks).
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