Drilling activity resumed at Trembul area following shooting incident

Wednesday, October 11 2017 - 12:34 PM WIB

Drilling activity has resumed at the Trembul Area in Central Java Province following shooting incident late on Tuesday which killed three police officers assigned as security in the oil concession area.

This was said by Agustinus, Legal and Relations Manager at PT Pertamina EP Asset IV on Wednesday. He hoped that the drilling activity would remain normal going forward.

The police have launched investigation into the shooting incident.

PT Sarana GSS Trembul (SGT), a joint venture between SGX-listed GSS Energy and Central Java province administration-owned company PT Sarana Pembangunan Jawa Tengah, operates the Trembul area. The company is drilling the SGT-01 well in the area.

GSS Energy through its 49 percent-owned SGT was awarded a 15-year joint operation (KSO) for the production of Trembul area by Pertamina EP in September of last year.

The Trembul Operation Area is situated within Blora Regency. It lies within the Kening Trough on the onshore East Java Basin, between Purwodadi High and East Cepu High, with reservoir potentials in Ledok, Wonocolo, Ngrayong, Tawun and Kujung.

Trembul Operation Area has 24 wells in total that were initially explored by Nederlandsche Koloniale Petroleum Mij (NKPM), a subsidiary of Standard Oil Company of New Jersey, now ExxonMobil, in 1917.

The area has approximately 40.1 million barrels of oil reserve, but NKPM only drilled out around 307,000 barrels.

Editing by Reiner Simanjuntak

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