Govt names 14 oil and gas tender winners

Thursday, March 21 2013 - 05:58 AM WIB

By Godang Sitompul

The government announced 14 winners of direct offer tender held on November 11-27 last year, securing a total exploration commitment of US$84.295 million and signature bonus of $15.5 million.

The commitment covers 3-year exploration activities that include geological studies ($10.2 million), 2D seismic survey spanning 7,700 km2 ($34.7 million), 3D survey 960 km2 ($14.9 million) and drilling of 5 exploration wells ($24.6 million), the Energy and Mineral Resources Ministry said in an announcement released on Thursday.

Working areas and designated winners:
1. Merangin III, Cooper Energy Limited.
2. Air Sugihan, PT Bintang Berlian Energy.
3. Bima Sakti, Consortium of PT Sandico Bumindo Raya- PT Duta Adhikarya Negeri.
4. West Tuna, Premier Oil West Tuna Limited.
5. Offshore North X-Ray, Conrad Petroleum PTE Ltd.
6. Sanggau, PT Berlian Energy.
7. Menduwai, PT Berdikari Semesta.
8. Kahayan, PT Mandira Mahesa Energi.
9. West Bangkanai, Salamander Energy (JS) Ltd.
10. North East Tanjung, PT Anugrah Teknologi Indonesia.
11. North East Bangkanai, Salamander Energy (Indonesia) LTD.
12. Offshore Mangkalihat, Konsorsium Samudra Energy Limited-Caelus Asia, GP, Ltd.
13. Central Mahakam, PT Perfect Circle Engineering.
14. Sebuku, Consortium of Mubadala Petroleum Holdings (SE Asia) Ltd-Inpex Corporation.

Editing by Dadan Wijaksana

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