Kisaran PSC to come onstream early 2016
Saturday, March 21 2015 - 02:51 AM WIB
By Febry Silaban
Bukit Energy Indonesia Pte. Ltd. hopes that the Kisaran block, North Sumatra will come onstream in 2016.
?We have just submitted the PoD (plan of development) for the Kisaran block. If it is quickly approved, the block is projected to come onstream early next year,? the company?s President & General Manager Chandra Daud Tiranda told Petromindo.com.
Bukit Energy as partner holds 22.5 percent interest in the block, while Pacific Oil & Gas (Kisaran) Ltd. (POG) as operator holds 55 percent interest, and the rest is held by ASX-listed New Zealand Oil and Gas Ltd (NZOG).
Editing by Johannes Simbolon