Premier Oil updates Indonesian ops

The following is an edited excerpt from independent oil, gas firm Premier Oil Plc?s Indonesian operations update of its Interim Management Statement for the period to 13 May 2010, released on Thursday.(ed)

Natuna Sea Block A (Premier 28.67%, operator)
High gas export rates from the Anoa field were maintained on the back of strong Singapore gas demand. The Anoa field continues to produce above its contractual share.

Gajah Baru-Natuna Sea Block A (Premier 28.67%, operator)
The Gajah Baru project continues to make good progress towards wellhead platform installation scheduled for September and development drilling commencing in October. The project was 52% complete at 30 April 2010.

North Sumatra Block A (Premier 41.67% interest)
The award of the North Sumatra Block A PSC extension remains outstanding. The operator has secured agreement in principle from most of the relevant authorities and is now waiting to receive formal endorsement from the Aceh House of Representatives ahead of the PSC extension being approved by the Indonesian Minister of Natural Resources. (end of edited excerpt)