BUSINESS INFORMATION - PT Pertamina EP menenderkan management of seven oil and gas field (oil)

BUSINESS INFORMATION - PT Pertamina EP menenderkan management of seven oil and gas field (oil) are marginalized through the mechanisms of cooperation operation (KSO).

Pertamina EP spokesman Aaron M in Jakarta, Friday, said seventh field consists of two areas of production and five ekspolorasi.

According to him, two areas of production that is offered Tangai-Sukananti and Loyak-Talanggula in South Sumatra.

Are five areas of exploration is Rantau Rantau Deep North and Deep South in North Sumatra, Pemalang in Central Java, South Tuban in East Java, South Klamono and in Papua.

Phases of the bid information is 24 August-18 September 2009, access to data 24 August-2 October 2009, and document delivery 2-6 November 2009.

Validity Explore the KSO agreement resumed production for 20 years the maximum period of validity and production KSO only maximum 15 years.

Currently, oil production has been cut through Pertamina EP 136,504 barrels per day of gas and 1,090 million cubic feet per day (MMSCFD).