Alfa Energy drilling for JORC reserve
Monday, March 30 2015 - 04:05 PM WIB
By Cepi Setiadi
Coal mining company PT Alfa Energi is continuing exploration activities at its coal concession in Samarinda, East Kalimantan to ascertain the amount of its reserve in compliance with JORC code, according to an industrial source.
The source told Petromindo.com on Monday the company is targeting to complete the exploration by the end of the first semester of this year.
?Hopefully by July 2015, we will have new JORC-compliant reserve figures,? he said, adding the concession has about 10 million tons of coal under the current JORC-compliant reserve figures.
The 2,000-ha concession now produces about 25,000 tons per month with CV of 4300 GAR.
Editing by Johannes Simbolon