Table: Investment commitment of exploration block winners

Friday, May 14 2010 - 04:09 AM WIB

       
No Block Contractor (s) Commitment in three years
Commitment Budget (US$ million )
1 PURI PT SARGAS VEGA
Signature Bonus 1.0
G & G Study 0.40
Exploration Well 1 4.66
Seismic survey 2D (kms) 200 2.4
REPRO 2D - -
Seismic survey 3D - -
Total 8.46
2

SAKAKEMANG

CAKRA NUSA DARMA (SKKMG) LTD Signature Bonus 1.0
G & G Study 0.60
Exploration Well 1 5.0
Seismic survey 2D (kms) 200 2.0
REPRO 2D - -
Seismic survey 3D - -
Total 8.6
3 SUNDA STRAIT I CONSORTIUM KOMODO ENERGY- NIKO RESOURCES (OVERSEAS XI) LTD Signature Bonus - 1.0
      G & G Study - 0.45
Exploration Well 1 20.0
Seismic survey 2D (kms) - -
REPRO 2D - -
Seismic survey 3D - -
Total   21.45
     
4 NORTH MADURA CONSORTIUM PT BARUNA RECOVERY ENERGY - AWE LTD Signature Bonus - 1.0
      G & G Study - 0.4
Exploration Well 1 8.0
Seismic survey 2D (kms) - -
REPRO 2D - -
Seismic survey 3D - -
Total   9.4
     
5 MANDALA CONSORTIUM PT BUMI HASTA MUKTI - FORTUNE EMPIRE GROUP LTD Signature Bonus - 1.0
G & G Study - 0.8
Exploration Well 1 10
Seismic survey 2D (kms) 1,000 1.0
REPRO 2D - -
Seismic survey 3D 200 3.0
Total 15.80
6 KARAPAN PT LEOGRYPH INDONESIA Signature Bonus - 1.0
G & G Study - -
Exploration Well 1 6.0
Seismic survey 2D (kms) 150 1.5
REPRO 2D - -
Seismic survey 3D - -
Total   8.5

       
No Block Contractor (s) Commitment in three years
Commitment Budget (US$ million )
1 CENDRAWASIh BAY II CONSORTIUM REPSOL EXPLORATION S.A - NIKO ASIA LTD
Signature Bonus 1.05
G & G Study 2.25
Exploration Well - -
Seismic survey 2D (kms) 200 2.6
REPRO 2D - -
Seismic survey 3D - -
Total 5.9
2

CENDRAWASIh BAY III

CONSORTIUM BLACK GOLD VENTURES LLC - REPSOL EXPLORATION S.A Signature Bonus 1.05
G & G Study 1.5
Exploration Well - -
Seismic survey 2D (kms) 2,600 2.6
REPRO 2D - -
Seismic survey 3D - -
Total 5.15
3 CENDRAWASIh BAY IV CONSORTIUM BLACK GOLD VENTURES LLC - REPSOL EXPLORATION S.A Signature Bonus - 1.05
      G & G Study - 1.5
Exploration Well - -
Seismic survey 2D (kms) 2,600 2.6
REPRO 2D - -
Seismic survey 3D - -
Total   5.15
     

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