MUARA ENIM PSC

Awarded on 30 November 2009 (30 Years Contract)

Contractors :
PT Trisula CBM Energy (1) 40% (Operator)
PT Pertamina Hulu Energi Metana Sumatera 2 (2) 60%
Current Acreage: 522.1 km2
Resources:
  • Gas In Place
 3,056 BCF (3)
  • 1C / 2C / 3C
 0.84 / 0.84 / 39.0 BCF (4)
  • Prospective
 658 BCF (3)
Exploration Data:
  • CBM Wells (drilled by NuEnergy Gas)
 3 wells
  • Seismic lines
 82 lines
  • Conventional oil and gas wells
 15 wells
Strategic Location:
  • Located about 45 – 60 km and 100 – 120 km from growing economy and industrial cities of Prabumulih and Palembang
  • Co-located Tanjung Enim PSC CBM operated by NuEnergy Gas providing opportunity for integrated development
  • About 25 km from major gas trunk lines to Java market and export to Malaysia and Singapore
Current Status:
  • Production test was performed in 2 production wells.
  • Progressing with further exploration activities to enable starting the POD preparation within the next 18 month to 2 years.

Notes:

(1) Subsidiary of NuEnergy Gas Limited
(2) Subsidiary of PT Pertamina (State Owned Oil and Gas Company)
(3) 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.
(4) The contingent resources estimates were certified by RPS Energy Consultants, March 2013 and reported at net of NuEnergy Gas working interest.