Indonesia Awards 5 New Oil And Gas Blocks; 4 CBM Blocks -Official
March 18 2011 - 3:05AM
Dow Jones News
Indonesia Friday awarded five new oil and gas blocks and four
coal-bed methane blocks to investors, as the government seeks to
boost energy supply.
Director General of Oil & Gas Evita Legowo said that the
government awarded the Gurita oil and gas block to Natuna Ventures
B.V., South Betung to Techwin Energy Ltd., South Sumatra to Cooper
Energy Ltd. (COE.AU), Marquisa to PT Schintar and Sembilang to PT
Mandiri Panca Usaha.
The government also announced the winners of a tender to extract
gas from coal beds in Kalimantan and Sumatra, Legowo said.
She said that the Kapuas block was awarded to a joint venture
between BP PLC (BP) and PT Transasia Resources, Kutai Timur to a
joint venture between Total SA (TOT) and Senyiur CBM Inc., Kutai
Barat to PT Sugico Graha and Sijunjung to a consortium formed by PT
Tambang Batubara Bukit Asaam (PTBA.JK) and PT Lion Global
Energi.
-By Deden Sudrajat; contributing to Dow Jones Newswires; 62-21
39831277; I-Made.Sentana@dowjones.com
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