Lemang block to come onstream this month

By Febry Silaban

IDX-listed PT Sugih Energy Tbk said that its Lemang block in Jambi will come onstream in July of this year.

"We target the block's oil production reaching 4,000 bopd," President Director Riyanto Soewarno said in Jakarta.

Sugih Energy has a 49 percent participating interest in Lemang Block through its subsidiary Eastwin Global Investment Ltd., while SGX-listed Ramba Energy Limited, through its local subsidiary Hexindo Gemilang Jaya, holds a 51 percent working interest in the Lemang block as the operator.

Editing by Reiner Simanjuntak