Muara Enim II PSC

Awarded on 1 April 2011 (30 Years Contract)

Contractors :
Indo CBM Sumbagsel 2 Pte Ltd (1) 30% (Operator)
PT Pertamina Hulu Energi Metana Sumatera 5 (2) 40%
PT Metana Enim Energi (3) 30%
Current Acreage: 819.6 km2
Resources: (4)
  • Gas In Place
4,715 BCF
  • Prospective
766 BCF
Exploration Data:
  • CBM Wells (drilled by NuEnergy Gas)
3 wells
  • Seismic lines
22 lines
  • Conventional oil and gas wells
71 wells
Strategic Location:
  • Located about 30 – 50 km and 85 – 120 km from growing economy and industrial cities of Prabumulih and Palembang respectively
  • Co-located Tanjung Enim PSC CBM operated by NGY providing opportunity for integrated development
  • About 35 km from major gas trunk lines to Java market and export to Malaysia and Singapore
Current Status:
  • 3 spot pilot production test is currently on-going.
  • Progressing with further exploration activities to enable starting the POD preparation within the next 18 to 24 months.

Notes:

(1) Subsidiary of NuEnergy Gas Limited
(2) Subsidiary of PT Pertamina (State Owned Oil and Gas Company)
(3) Subsidiary of Sugico (Indonesia Mining and Energy Company)
(4) The resources estimates were certified by Netherland Sewell & Associates Inc, September 2012 and reported at net of NuEnergy Gas working interest. Gas in place estimate was reported at gross.