Dewata expects forestry license in first quarter 2016

By Cepi Setiadi

Coal mining company PT Darma Putera Wahana Pratama (Dewata), through its subsidiary PT Naan Bara Abadi, expects to obtain the required forestry license for its Central Kalimantan concession in the first quarter of this year.

Paulus W. Broto, President Director of Dewata told Petromindo.com on Tuesday that the company has conducted the pre-exploration process at its coking coal project in Murung Raya, Central Kalimantan.

?We expect to obtain the forestry license in the first quarter of the year, and then we will directly conduct exploration activity,? he said, adding that the company has set a target to commence production by 2017. The concession has a total area of 24,000 hectares and is estimated to hold hundreds of million tons of resources.

Editing by Reiner Simanjuntak