Project Profile
Value: Undisclosed
Location: Onshore area of Bintuni Basin, at the Bird\'s Head area of Papua, East Indonesia
Reserves: 6,667 BCFG (Billion Cubic Feet Gas) equivalent to 140 million barrels of oil
Area: 1,582 square kilometres
Start-up Year: -
Mirach Energy owns 42% effective interest in PT Kamundan Energy, which holds a KSO agreement with Pertamina for a 20-year exploration and production rights at a gas field in Kamundan, East Indonesia. The Kamundan Block is situated at the onshore area of Bintuni Basin, at the Bird\'s Head area of Papua, East Indonesia and the contract area covers a total of 1,582 square kilometres. Based on data from LEMIGAS, the government research and technology institution operating in the upstream and downstream oil and gas business, the Kamundan block has an estimated recoverable gas reserve of 6,667 BCFG (Billion Cubic Feet Gas) equivalent to 140 million barrels of oil. Initial 2-D seismic data acquisition has been conducted on 1,842 square kilometres area of the Kamundan Block with four exploratory wells that had been drilled with positive oil and gas shows.
Operators:
PT Kamundan Energy: Operator with 100% interest