Project Profile
Area: 3143 acres
Location: Kutei Basin, offshore Kalimantan
Reserves: 15.7 2C resources (mmboe) in 2016
Water depths: 20m to more than 1,000m
Exploration period 19 December 2011 to 18 December 2017
License expiry date:18 December 2041
The Tanjung Aru block covers some 4,200 sq km offshore Kalimantan, in water depths ranging from 20m to more than 1,000m.
The block is located in a relatively underexplored area of the Kutei Basin, one of Indonesia\'s most prolific hydrocarbon provinces with more than 12 billion barrels of oil equivalent discovered to date.
Operators:
KrisEnergy Ltd. Operator with 85% interest
Natuna Ventures Pte Ltd.: 15% interest