Firm commitments and fiscal terms of the newly awarded exploration blocks

GOVERNMENT TAKE (%)

CONTRACTOR TAKE (%)

Minimum Bonus (million US$)

AFTER TAX

FIRST TRANCHE PETROLEUM

AFTER TAX

4

5

6

7

8

9

DIRECT OFFER

1

East Seruway

Offshore North Sumatra

85

70

20

15

30

1

2

South CPP

Onshore Central Sumatra

85

70

20

15

30

1.5

3

South West Bukit Barisan

Onshore West and Central Sumatra

85

70

20

15

30

1

4

Lirik II

Onshore Central Sumatra

85

70

20

15

30

1

5

West Tungkal

Onshore Jambi

85

70

20

15

30

1

6

South East Tungkal

Onshore Central Sumatra

85

70

20

15

30

1

7

Lampung III

Onshore Lampung

85

70

20

15

30

1

8

East Muriah

Offshore East Java

85

70

20

15

30

2

9

Madura

Offshore East Java

85

70

20

15

30

1

10

North Sumbawa II

Offshore West Nusa Tenggara

65

60

20

35

40

1

11

West Sageri

Makassar Straits

65

60

20

35

40

1

12

South East Ganal I

Makassar Strait

65

60

20

35

40

1

13

South East Sangatta

Onshore, Offshore East Kalimantan

80

65

20

20

35

1.5

14

South Bengara II

Onshore, Offshore East Kalimantan

85

70

20

15

30

1

15

North Bone

Onshore, Offshore South Sulawesi

85

65

20

15

35

3.5

16

South Matindok

Onshore, Offshore Central Sulawesi

65

60

20

35

40

5

17

Bone Bay

Onshore, Offshore South East Sulawesi

65

60

20

35

40

1

18

Buton I

Onshore, Offshore SE Sulawesi

65

60

20

35

40

1

19

Arafura Sea

Offshore Arafura

65

60

20

35

40

5

20

Seram

Offshore Seram

65

60

20

35

40

1

21

West Papua I

Onshore, Offshore West Papua

65

60

20

35

40

5

22

West Papua III

Onshore, Offshore West Papua

65

60

20

35

40

5

NOTES:
a) First Tranche Petroleum (FTP) is shared between the parties in accordance with the split