Bukit Energy prepares for 2D seismic survey in Mahato PSC
Tuesday, March 24 2015 - 04:02 AM WIB
Bukit Energy Indonesia Pte. Ltd. is making preparations for 2D seismic acquisition in the Mahato PSC onshore Central Sumatra.
This is said by President & General Manager of Bukit Energy Chandra Daud Tiranda to Petromindo.com.
Bukit Energy holds a 25 percent participating interest in the PSC, while the rest is owned by PT Emas Putih, Central Sumatra Energy Inc., and ASX-listed Cue Energy Resources Ltd.
The 5,600 sq km Mahato PSC is located in a highly prospective area in the prolific Central Sumatra basin close to several producing oil fields, including Indonesia?s largest onshore oil fields; the Minas oil field (over 5 billion barrels) and the Duri oil field (over 3 billion barrels). The Mahato PSC is surrounded by existing infrastructure which is expected to result in short cycle time to development for any discoveries.
Editing by Reiner Simanjuntak