On Monday (August 1, 2011) signed for 8 (eight) contract consisting of Oil and Gas Sector Cooperation and: 7 (seven) Contract of Coal Bed Methane Work Area (CBM WA/GMB WK) GMB WK Regular Auction results Year 2010-2011 and Direct Offering GMB WK and 1 (one) Oil and Gas Work Area/WK.
In addition to signing the contract, also offered nine (9) Work Area through the mechanism of Auction Direct Offering which consists of 8 (eight) GMB WK and 1 (one) Oil and Gas WK. The GMB WK, Oil and Gas WK, and Contractors are set to sign the GMB WK, Oil and Gas WK are as follows:
CONTRACT SIGNATURE AREAS WORKING COAL Methane (CBM WK)
A total of two (2) GMB Work Area through the Auction GMB Work Area, according Ministry Regulation No.36/2008, the auction began on January 10, 2011 until May 9, 2011 and was announced the winner on July 14, 2011, among others:
In addition to signing the contract, also offered nine (9) Work Area through the mechanism of Auction Direct Offering which consists of 8 (eight) GMB WK and 1 (one) Oil and Gas WK. The GMB WK, Oil and Gas WK, and Contractors are set to sign the GMB WK, Oil and Gas WK are as follows:
CONTRACT SIGNATURE AREAS WORKING COAL Methane (CBM WK)
A total of two (2) GMB Work Area through the Auction GMB Work Area, according Ministry Regulation No.36/2008, the auction began on January 10, 2011 until May 9, 2011 and was announced the winner on July 14, 2011, among others:
| No. | Work Area | Area (Km2) | Location | Contractor |
| 1 | GMB Melak Mendung I | 981,9 | East Kalimantan | PT. Ephindo Mega Methana Inc. |
| 2 | GMB Melak Mendung III | 995,7 | East Kalimantan | Consortium Deep Industries Limited - Monnet Ispat & Energy Limited |
A total of five (5) GMB WK , through the GMB WK Direct Offer in accordance Ministry Regulation NO.33/2006 to overlap the existing Working Area Oil and Gas with IUP Coal, among others: | ||||
| No. | Work Area | Area (Km2) | Location | Contractor |
| 1 | GMB Belida | 1.498 | South Sumatera | Consortium PT. Sele Raya Resources - PT. Andalas Metana Energi |
| 2 | GMB Lematang | 805,8 | South Sumatera | Consortium PT. Medco CBM Lematang - PT. Methanindo Energi Resources - PT. Saka Energi Indonesia |
| 3 | GMB Kutai II | 487,3 | East Kalimantan | Consortium PT. Ephindo Kutai North Inc. - PT. Resources Alam Energi |
| 4 | GMB Suban I | 1.120 | South Sumatera | Konsorsium PT. Pertamina Hulu Energi Metana Suban I - PT. Suban Energi |
| 5 | GMB Suban II | 998 | South Sumatera | Consortium PT Pertamina Hulu Energi Metana Suban II - PT. Suban Methan Gas |
Terms of cooperation for the principal-7 Work Area GMB signed include: Profit Sharing Production (after tax) between the Government and the Contractor is 55: 45, FTP 10% non-shareable (except with Pertamina shareable based on interest), Cost Recovery 100 %. Commitment must Exploration of the seven Regional Working GMB for the 3-year exploration period, among others: G & G Study, 27 (twenty seven) corehole drilling, 21 (twenty one) drilling of exploration wells, the Pilot Project Phase I consisted of: 11 (eleven) dewatering and 11 (eleven) production test wells, bringing the total investment commitment of U.S. $ 48.93 Sure million. While the Signature Bonus (Signature Bonus) to be received directly by the Government of U.S. $ 8.26 Million. | ||||
WORKING GAS CONTRACT SIGNATURE AREAS Only one (1) Contract Work Area Oil and Gas Regular Auction results of phase II in 2010. |
| No. | Work Area | Location | Contractor |
| 1 | Southwest Bird's Head | Papua | Total E&P Indonesia West Papua |
Commitments must be from the working area of Oil and Gas Exploration for 3-year exploration period, among others: G & G Study worth U.S. $ 2.5 million, acquisition of seismic 20 along the 70 km worth U.S. $ 2 million and i exploration wells worth U.S. $ 15 million bringing the total investment Surely a commitment of U.S. $ 19.5 million. While the Signature Bonus (Signature Bonus) to be received directly by the Government of U.S. $ 5 Million. In addition, also offered nine (9) WK GMB and Gas Direct Offer through auction mechanisms as follows: 8 (EIGHT) Methane COAL WORKING AREAS | |||
| No. | Work Area | Location |
| 1 | GMB Bangkanai I | Central Kalimantan dan East Kalimantan |
| 2 | GMB Bangkanai II | Central Kalimantan |
| 3 | GMB Bangkanai III | Central Kalimantan dan East Kalimantan |
| 4 | GMB Bangkanai IV | Central Kalimantan |
| 5 | GMB Kuala Kapuas I | Central Kalimantan |
| 6 | GMB Kuala Kapuas II | Central Kalimantan |
| 7 | GMB Tanah Laut | South Kalimantan |
| 8 | GMB West Sanga-sanga I | East Kalimantan |
Terms and conditions apply to the GMB WK-8 offered are: FTP by 10% (nonshare); Split (Government: Contractors) = 55:45 (after tax), Cost Recovery 100%. 1 (ONE) WORKING AREA OIL AND GAS (DIRECT OFFERING PERIOD II YEAR 2011) | ||
| No. | Work Area | Location |
| 1 | Kuala Pambuang | Central Kalimantan |
Terms and conditions that applied to oil and gas blocks being offered are: FTP by 20% (shareable); Oil Split (Government: Contractors) = 60:40, while Gas Split: 60:40.
Permanent Business Entities who are interested to participate in the Auction Offers Direct WK WK Oil GMB and can access the Bid Document started on 12 September 2011 s / d October 26, 2011. Participation Documents Entered on October 27, 2011 at 09:30 until 14:30 WIB (Jakarta Time). (*)
Permanent Business Entities who are interested to participate in the Auction Offers Direct WK WK Oil GMB and can access the Bid Document started on 12 September 2011 s / d October 26, 2011. Participation Documents Entered on October 27, 2011 at 09:30 until 14:30 WIB (Jakarta Time). (*)
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