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Interra's success is well in hand

Its oil production has been rising, profit soared in past two quarters, and share price has more than doubled from mid-2009, reports ANDREA SOH
Monday, January 27, 2014 - 06:00

Mr Tjia: 'We're the only onshore company in Myanmar that has actually increased production, which is quite interesting because an oilfield naturally declines.' Interra - the largest onshore oil producer in Myanmar with 40% of market share - drilled 24 wells last year. - PHOTO: YEN MENG JIIN

FOR any chief executive, a tripling in revenue and net profit in four years would be cause for celebration. Not so for Marcel Tjia, who sees it as just a "decent job". The former private equity partner joined onshore oil and gas producer Interra Resources in mid-2009, when the firm was facing

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