KONTAN.CO.ID - JAKARTA. Three energy companies have shown interests in operating at least one oil and gas block from four exploration blocks that went up for auction in early November, according to an Energy and Mineral Resources Ministry official. The four blocks are the South Andaman offshore block in Aceh, South Saka Kemang onshore block in South Sumatra, Anambas offshore block in Riau Islands and the Maratua Block, which is located onshore and offshore in North and East Kalimantan. They are expected to bring at least US$8 million in signature bonuses or $2 million from each block.
Indonesia to announce winners of blocks' third auction
KONTAN.CO.ID - JAKARTA. Three energy companies have shown interests in operating at least one oil and gas block from four exploration blocks that went up for auction in early November, according to an Energy and Mineral Resources Ministry official. The four blocks are the South Andaman offshore block in Aceh, South Saka Kemang onshore block in South Sumatra, Anambas offshore block in Riau Islands and the Maratua Block, which is located onshore and offshore in North and East Kalimantan. They are expected to bring at least US$8 million in signature bonuses or $2 million from each block.