BSP-Pertamina sets lower target for CPP
Monday, January 12 2015 - 01:54 PM WIB
By Bernard Loebs
BOB Bumi Siak Pusako-Pertamina Hulu (BSP-Pertamina), the operator of Coastal Plain Pekanbaru PSC in Riau has set a lower target for the block this year.
Muhaimin Makmun, spokesman of the firm, told Petromindo.com that the lifting/production target of the block is set at 13,170 barrels of oil per day this year.
Last year, the target was set 15,000 bopd. But, he said, the firm was only able to achieve 93 percent of the target.
Editing by Johannes Simbolon