Table: Bayan Q1 coal production and reserves

Friday, April 30 2010 - 09:33 AM WIB

Bayan Resources has the following areas currently in exploitation/development:

Location name Concession owner Date of exploitation or development permit Expiry date of permit Percentage of ownership Total proven and probable reserves (in million metric tonnes) Total production (in million metric tonnes) Remaining reserves as at 31 March 2010 (in million metric tonnes)*
Current period 2010 Cumulative total production
Block-II PT Gunungbayan Pratamacoal (GBP) 2 August 1999 11 July 2029 100% 54.6 1.0 36.4 18.2
Block I PT Gunungbayan Pratamacoal (GBP) 28 August 2007 11 July 2029 100% 2.0 0.1 0.5 1.5
Block Sepaso PT Perkasa Inakakerta (PIK) 13 August 2007 29 March 2037 100% 22.1 0.4 3.7 18.4
Block Satui PT Wahana Baratama Mining (WBM) 26 October 2007 25 October 2037 100% 76.2 0.6 4.3 71.9
KW KTN 2005018 PT Fajar Sakti Prima (FSP) 21 July 2005 21 July 2025 100% 318.8 0.2 2.1 316.7
KW KTN 2004046 PT Bara Tabang (BT) 7 April 2008 7 April 2028 100%
KW.03PB 0059 PT Teguh Sinarabadi (TSA) 29 April 2008 23 April 2038 100% 33.3 0.4 1.9 31.4
KW.03PB 0058 PT Firman Ketaun Perkasa (FKP) 29 April 2008 23 April 2038 100%
KW.051PB 0108 PT Firman Ketaun Perkasa (FKP) 27 October 2009 16 October 2010 100%
*The remaining proven and probable reserves as at 31 March 2010 are based on the survey performed by Minarco Mineconsult, independent geologists, In May 2008 after being reduced by the production from April 2008 - March 2010

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