Tately NV submits PoD for Palmerah block
Wednesday, November 30 2011 - 01:18 AM WIB
The upstream oil and gas regulator BPMIGAS said Tately NV has submitted the plan of development (PoD) for Palmerah block in South Sumatera, indicating the seriousness of the company to develop the block.
?The company (Tately) has submitted the PoD to BPMIGAS last week. It is now being reviewed by Deputy for Planning (of the regulator),? Deputy for Operation at BPMIGAS, Rudi Rubiandini, told Petromindo.com
Deputy for Planning of the upstream oil and gas regulator, Haposan Napitupulu confirmed that Tately?s development plan for the block has been submitted to his desk.
Tately is controlled by Malaysian billionaire Ananda Krishnan. In Indonesia the company operates Budong Budong PSC with 53 percent interest with the balance held by its partner, Harvest. (godang)