Company briefs

Grand Banks gets SGX watchlist extension

GRAND Banks Yachts, which was placed on the SGX watchlist on Dec 5, 2011, for two years, has been granted an extension by the regulator until August 2014, when the company announces its 2014 full-year financial results.

Interra digs another well in Indonesia

UPSTREAM oil and gas firm Interra Resources' latest development well in the Tanjung Miring Timur (TMT) field in Indonesia has achieved a flow rate of 650 barrels of oil a day. The firm currently has an average shareable production of 1,904 barrels a day. The firm has also started drilling another well in the TMT field, the third of four that it plans to …