Project Profile
Value: Undisclosed
Location: Central Sumatra basin, Indonesia
Area: 2,995km2
Start-up Year: -
Rengat CBM PSC is a production sharing contract is located in central Sumatra, Indonesia. NuEnergy act as the operator with 100% interest and the contract covers an area of 2,995km2. This PSC was awarded on 9 November 2009. Leading up to this the company completed a joint study with MiGas, an Indonesian Government owned energy regulator entity. The results of this study have defined an area of 2,995 square kilometres encompassing coal seams averaging 3-5 metres thick and from 450 to 1,550m in depth in the Central Sumatra basin, known as the Rengat area. Preliminary studies of the concession area have suggested that coal properties are suitable for CBM exploitation and commercial production and rank favourably with comparable global CBM producing basins. There is considerable existing oil field and gas pipeline off-take infrastructure in the area and this should facilitate any future developments.
Operator:
NuEnergy Gas Limited: Operator with 100% interest