TALISMAN (JAMBI MERANG) LIMITED

1. TALISMAN (JAMBI MERANG) LIMITED 2010-01-27 → present
2. HESS (INDONESIA JAMBI-MERANG) LIMITED 2006-05-22 → 2010-01-27
3. AMERADA HESS (INDONESIA-JAMBI MERANG) LIMITED 1998-10-20 → 2006-05-22
4. AMERADA HESS (THAILAND EXPLORATION) LIMITED 1996-03-25 → 1998-10-20
5. AMERADA HESS (WESTERN OFFSHORE THAILAND) LIMITED 1995-06-22 → 1996-03-25
6. TYROLESE (318) LIMITED 1995-06-07 → 1995-06-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has total current assets of $11.7 million which mainly represents amounts due from related party with FEHI Holding S.A.R.L. ("FEHI") of $10.1 million. The expected settlement of this related party transaction is highly probable as FEHI is an entity under common control of Repsol S.A. which has accessible highly liquid assets in order to repay the balance of receivables if demanded at the reporting date. FEHI has the ability to repay and there is no history of default. As a result, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “The Jambi Merang PSC expired on 9 February 2019. The company continues as a non-trading company until tax administration with the Government of Indonesia is cleared.”
• “On 28 November 2022, the company entered into a new deposit contract with FEHI Holding S.A.R.L. which bears interest at the Secured Overnight Financing Rate ("SOFR") 3M + 0.28461% which shall be in place for a period of 1 year and be automatically extended on similar terms.”
• “In 2024, the company together with the previous joint venture partners and SKK Migas finalised the oil & gas entitlement for 2019, which resulted in an underlifting amount of US$475 thousand. The company received the cash settlement in March 2024. Following the excess between underlift receivable and cash receipt, the company recorded other income of US$240 thousand in respect to this settlement (refer to note 8).”
• “On 27 February 2024, the company received net payment portion of working capital of US$538 thousand. Following the excess between trade debtors and cash receipt, the company recorded other income of US$44 thousand in respect of this settlement (refer to note 8).”
• “In January 2025, the company has repaid $1.4 million to the Indonesian Tax Office following the Indonesian Supreme Court reconsideration decision for fiscal year 2016.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +78.6%

  £692,365 → £1,236,471

• Net assets

  +8.6%

  £6,816,160 → £7,404,003

• Employees

  —

  Not reported

• Profit before tax

  -87.7%

  £5,923,647 → £726,464

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers