Premier Oil updates Indonesian ops

The following is an edited excerpt taken from Premier Oil?s Interim Management Statement released on Tuesday on its Indonesian operations. (ed)

The Gajah Baru facilities in Indonesia are fully commissioned and delivering to Singapore in accordance with the 2008 Gas Sales Agreement. Production is expected to average 60 bbtud for the remainder of the year, while ramping up. The field is meeting current customer nominations of up to 90 bbtud. An additional 40 bbtud of gas from Gajah Baru is planned to be delivered to Java, Indonesia, via a Swap Agreement, completion of which is expected soon.

Following the successful development drilling programme, the Gajah Baru field has deliverability well in excess of the contracted quantities of 130 bbtud. (end of edited excerpt)