Chevron, ConocoPhillips gets new blocks in Indonesia

Friday, October 17 2008 - 01:46 AM WIB

The government announced on Friday the winners of the First Phase 2008 tender of 25 oil and gas exploration blocks and launched the Second Phase 2008 tender of 31 exploration blocks.

The winners include U.S. firms Chevron Corp., which got the West Papua I and West Papua III blocks, and ConocoPhillips which got the Arafura Sea block.

Director General of Oil and Gas at the Ministry of Energy and Mineral Resources Evita Legowo said of the 25 blocks offered by the ministry through direct-offer mechanism in the period of June-August 2008, only 22 had been finally awarded to investors.

She said that winners announcement for eight oil gas blocks that were offered through regular tender mechanism was delayed by several weeks due to technical reasons. She, however said the contracts of the direct offer blocks and regular blocks, along with three CBM contracts, would be signed on November 13, 2008.

Evita also said the ministry is offering 31 new exploration blocks in the Second Phase 2008 tender. Of the 31 blocks, 16 are offered through a regular tender mechanism and the other 15 through a direct offer tender mechanism.(Godang/Bernard)

I. Exploration blocks winners

No Block Location Contractor (s)
1 East Seruway Offshore North Sumatra Serica East Seruway BV
2 South CPP Onshore Central Sumatra Ranhill Energy Sdn Bhd
3 South West Bukit Barisan Onshore West and Central Sumatra Consortium PT Radian Nusa Investama- PC (SKR) International Ltd.
4 Lirik II Onshore Central Sumatra PT Karya Inti Petroleum
5 West Tungkal Onshore Jambi PT Tiga Musim Mas Jaya
6 South East Tungkal Onshore Central Sumatra Consortium Gujarat State Petroleum Corp.- Essar E&P Ltd.
7 Lampung III Onshore Lampung PT Harpindo Mitra Kharisma
8 East Muriah Offshore East Java Consortium Pearl Energy Ltd - Australian Worldwide Exploration Ltd.
9 Madura Offshore East Java PT Sinochem Petroleum E&P
10 North Sumbawa II Offshore West Nusa Tenggara Husky Energy International Corp.
11 West Sageri Makassar Straits Consortium Kaizan Oil&Gas LLC- Niko Resources (Overseas II) Ltd.
12 South East Ganal I Makassar Straits Consortium Kaizan Oil&Gas LLC- Niko Resources (Overseas III) Ltd.
13 South East Sangatta Onshore, Offshore East Kalimantan Consortium PT Kutai Timur Resources - Salamander Energy (SE Sangatta) Ltd.
14 South Bengara II Onshore, Offshore East Kalimantan
Adelphi Energy Ltd.
15 North Bone Onshore, Offshore South Sulawesi PT General Energy Indonesia
16 South Matindok
Onshore, Offshore Central Sulawesi Consortium Kaizan Oil&Gas LLC- Niko Resources (Overseas IV) Ltd.
17 Bone Bay Onshore, Offshore South East Sulawesi
Consortium Kaizan Oil&Gas LLC- Marathon Indonesia New Ventures Ltd.
18 Buton I
Onshore, Offshore SE Sulawesi PT Putindo Bintech
19 Arafura Sea Offshore Arafura ConocoPhillips
20 Seram
Offshore Seram Consortium Biak Petroleum LLC- Niko Resources (Overseas VI) Ltd.
21 West Papua I Onshore, Offshore West Papua
Chevron Indonesia Ventures Ltd.
22 West Papua III Onshore, Offshore West Papua Chevron Indonesia Ventures Ltd.

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