Project Profile
Value: US$400 million
Location: East Kalimantan (Timur) Province, Indonesia
Proven Resources: 157 Bcf
The Bangkanai PSC is located in the Barito Basin, onshore East Kalimantan and contains the Kerendan gas field. The field has an approved plan of development with certified proven resources of 157 Bcf and proven and probable resources of 207 Bcf. 133 Bcf of gas has been contracted to state electricity firm PLN.
Operators:
Ophir Energy: Operator with 70% interest (through acquisition of Salamander Energy)
Saka Energi (Perusahaan Gas Negara): 30% interest