Govt opens 2014 1st bidding round

Wednesday, May 21 2014 - 04:50 AM WIB

By Godang Sitompul

Ministry of Energy and Mineral Resources announced on Wednesday the opening of 2014 first bidding round for exploration blocks.

According to the announcement, 5 blocks will be offered through regular bidding round, 6 blocks through direct proposal and 2 blocks requested by state oil and gas company PT Pertamina.

Regular blocks:

No Block's name Location
1. North Madura offshore East Java
2. Yamdena offshore Maluku
3. South Aru II offshore Maluku
4. Aru Trough I offshore Maluku
5. Aru Trough II offshore Maluku

Direct Proposal Blocks

No Block's name Location
1. North Central? Java? offshore Central? Java
2. Kualakurun? onshore Central Kalimantan
3. Garung onshore and offshore Maluku
4. Offshore Pulau Moa Selatan Maluku
5. Dolok? onshore and offshore Papua
6. SE Papua? onshore Papua

Pertamina Direct Proposal

No Block's name Location
1. Abar? offshore Jakarta and West Java
2. Anggurai? offshore West and Central Java

Bid submission is set at June-July for direct proposal bidding and October 2014 for regular bidding.

Editing by Alexander Ginting

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