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Indonesia Petroleum Bidding Round awards

Indonesia’s Directorate General of Oil and Gas (MIGAS) awarded exploration rights on 13 blocks to oil companies on the 25 May 2012. One block is from the Second Regular Bid Round 2011 and 12 blocks are from the First Direct Proposal Bid Round 2012.

The blocks awarded are as follows:

First Direct Proposal Bid Round 2012 awards
Blocks Acreage
(sqkm)
Basin name Winner
Bireun Sigli 4,866 North Sumatra PT Aceh Energy
Bohorok 5,022 North Sumatra Bukit Energy - NZOG - PT Surya Buana Lestarijaya
Mahato 5,637 Central Sumatra PT Emas Putih - Bukit Energy - Central Sumatra Energy
Bukit Batu 1,922 Central Sumatra PT Geo Link Nusantara
South Lirik 5,468 Central Sumatra Texcal - PT Indrillco Bakti - Central Sumatra Energy
Bengkulu 1 - Mentawai 8,034 Bengkulu Total E&P Mentawai
Palangkaraya 7,613 Barito PT Petcon Resources
Babai 3,673 Barito PT Komodo Energy
Telen 2,371 Kutei Total E&P Telen
East Sepinggan 2,913 Kutei ENI Indonesia Limited
Aru 8,054 Kai-Aru Trough Niko Resources Limited - Statoil ASA
Udan Emas 5,396 Bintuni Kris Energy (Udan Emas) B.V.

 

Second Direct Proposal Bid Round 2012 awards
Blocks Acreage
(sqkm)
Basin name Winner
Kuningan 2,686 Java Sea PT Equator Energy

 

Indonesia First Bid Round 2012 Awards

Indonesia Awards 2012 (red shading). Source: PetroView

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