Govt awards oil, gas and CBM exploration blocks

Thursday, November 13 2008 - 07:09 AM WIB

Government formally awarded on Thursday 29 new oil, gas exploration blocks and 4 coal-bed methane (CBM) blocks to international and local investors with US$1.1 billion investment commitment in the first three years.

Major oil, gas firms include ExxonMobil Corp, which was awarded Gunting Block off Java, Hess Corp. which got the highly coveted Semai V block offshore West Papua, Chevron Corp, which won two blocks off West Papua called West Papua I and West Papua III, and ConocoPhillips, which was awarded Arafura Sea Block.

Government received $110 million bonus from the oil, gas blocks and $4million from CBM blocks. (alex/bernard/godang)

I. Exploration blocks winners (Regular Tender)

No Block Location Contractor(s)
1 CAKALANG OFF. WEST NATUNA Lundin Oil & Gas B.V
2 KERAPU OFF. WEST NATUNA Pearl Oil (Tachylyte) Ltd.
3 BARONANG OFF. WEST NATUNA Lundin Oil & Gas B.V
4 EAST BAWEAN I OFF. NORTHERN EAST JAVA Sintezmorneftegaz
5 GUNTING ON/OFF. EAST JAVA Esso Exploration International Ltd.
6 MAHAKAM HILIR ON. EAST KALIMANTAN SPC E&P Upstream Limited
7 SEMAI II OFF. WEST PAPUA Consortium Murphy Overseas Ventures Inc-PTTEP Public Company Ltd-Inpex Corp.
8 SEMAI III OFF. WEST PAPUA PT Suma Sarana
9 SEMAI V OFF. WEST PAPUA Hess (Indonesia-Semai V) Ltd.

II. Exploration blocks winners (Direct Offer)

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.

III. Exploration blocks winners (CBM)

No Working Area Location Contractor(s) Investment Commitment (US$ million) Signature Bonus (US$ million)
1 Barito Banjar I South Kalimantan PT Indobarambai Gas Methan 3 1
2 Barito Banjar II South Kalimantan PT Barito Basin Gas 3 1
3 Kutai East Kalimantan Consortium Kutai West CBM Inc.-Newton Energy Capital Limited 6.6 `1
4 Sangatta I East Kalimantan Consortium PT Pertamina Hulu Energi Metana Kalimantan A-Sangatta West CBM Inc. 7.7 1

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