EMP's weekly drilling & exploration activities

Thursday, January 12 2006 - 05:17 AM WIB

PT ENERGI MEGA PERSADA TBK & SUBSIDIARIES
WEEKLY DRILLING & EXPLORATION ACTIVITIES
Week ending January 6, 2006

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EXPLORATION / APPRAISAL WELLS

PTO-2, Kangean, East Java, Indonesia

Interest

100% EMP Kangean Ltd (60%), EMP Exploration (Kangean) Ltd (40%)

Operator

EMP Kangean Ltd

Type

Gas Development

Status at 05:00hrs

Well plugged and abandoned. Gas shows considered sub-commercial

Next Plan

Move rig to PUO well

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Banjar Panji-1, Brantas, East Java, Indonesia

Interest

50% Lapindo Brantas Inc (50%)

Operator

Lapindo Brantas Inc

Type

Wild Cat

Status at 05:00hrs

Continue preparation to drill

Next Plan

Spud well

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MSED-01, Malacca, Riau Province Sumatra, Indonesia

Interest

60.49% Kondur Petroleum S.A. (34.46%), PT Imbang Tata Alam (26.03%)

Operator

Kondur Petroleum S.A.

Type

Oil Exploration

Status at 05:00hrs

Move rig (15% completed)

Next Plan

Drill the MSED-01 well

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MSCN-01, Malacca, Riau Province Sumatra, Indonesia

Interest

60.49% Kondur Petroleum S.A. (34.46%), PT Imbang Tata Alam (26.03%)

Operator

Kondur Petroleum S.A.

Type

Oil Exploration

Status at 05:00hrs

Spud well and drill top hole section

Next Plan

Continue drilling the well

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MSDR-01, Malacca, Riau Province Sumatra, Indonesia

Interest

60.49% Kondur Petroleum S.A. (34.46%), PT Imbang Tata Alam (26.03%)

Operator

Kondur Petroleum S.A.

Type

Oil/Gas Exploration

Status at 05:00hrs

Rigging up

Next Plan

Spud and drill well

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DEVELOPMENT WELLS

PGA-5, Kangean, East Java, Indonesia

Interest

100% EMP Kangean Ltd (60%), EMP Exploration (Kangean) Ltd (40%)

Operator

EMP Kangean Ltd

Type

Gas Development

Status at 05:00hrs

Run in hole with completion equipment

Next Plan

Rig down and demobilize rig. Run tests and bring gas into pipeline.

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PGC-7, Kangean, East Java, Indonesia

Interest

100% EMP Kangean Ltd (60%), EMP Exploration (Kangean) Ltd (40%)

Operator

EMP Kangean Ltd

Type

Gas Development

Status at 05:00hrs

Temporary suspended, awaiting completion equipment

Next Plan

Awaiting for the completion of PGB-4 to complete the well. Run tests and bring gas into pipeline.

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PGB-4, Kangean, East Java, Indonesia

Interest

100% EMP Kangean Ltd (60%), EMP Exploration (Kangean) Ltd (40%)

Operator

EMP Kangean Ltd

Type

Gas Development

Status at 05:00hrs

Drilling intermediate hole section

Next Plan

Drill the production zone and evaluate well

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MSDC-05, Malacca, Riau Province Sumatra, Indonesia
Interest60.49% Kondur Petroleum S.A. (34.46%), PT Imbang Tata Alam (26.03%)
OperatorKondur Petroleum S.A.
TypeOil Development
Status at 05:00hrsComplete well and put on production. Rig moved to MSDR-01 well.
Next PlanFinal report of this well
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LB-10, Malacca, Riau Province Sumatra, Indonesia
Interest60.49% Kondur Petroleum S.A. (34.46%), PT Imbang Tata Alam (26.03%)
OperatorKondur Petroleum S.A.
TypeOil Development
Status at 05:00hrsRun ESP (Electrical Submersible Pump), Complete well and prepare to put on production.
Next PlanRig down and move rig
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Wunut 14, Brantas, East Java, Indonesia
Interest50% Lapindo Brantas Inc (50%)
OperatorLapindo Brantas Inc
TypeGas Development
Status at 05:00hrsFishing for stuck BHA.

Next Plan

Free BHA and complete well.

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A rig is currently being mobilized into Tanggulangin 3 location to workover the well. The rigging up is in progress.

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