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ONSHORE SEMI EXPLORATION CONCESSION

KSO TUBAN SELATAN


TUBAN REGENCY, EAST JAVA PROVINCE
UNDER COOPERATION OPERATION AGREEMENT
WITH PT PERTAMINA EP

PT Sky Star Region Energy


1st Floor Jalan Pengeran Antasari 62, Jakarta Selatan 12430
Contact Person: Bambang Mulyadi (+6281229661969)

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Geographical Map: KSO Tuban Selatan A Low Risk Exploration Venture
located in the proven oil and gas producing basin.
South Tuban KSO, A Semi Exploration KSO

Presence of all ingredients Surrounded by Producing Fields:


of oil & gas accumulation: • Cepu Block (Exxon-Mobil)
• Source rock 750 MMBO Reserve, 300.000 BOPD
• Reservoir and Seal • Mudi Block (ex Petro China)
• Geological Structures 7.000 BOPD & 10 MMSCFD
• Proven Petroleum system • Ujung Pangkah Block (Saka Energi)
Big structural size, 300 BCF
possibly big price! • Various Oil/Gas Fields by Pertamina
Kawengan, Gegunung, Tawun
PSC Cost Recovery Regime
similar to PSC Production Split: Low Firm 3-Year Work Committment:
• Nett Oil : 16% for Contractor • Year 1 : US$ 200 K (GGR)
Concession Map: North-East Java Basin • Nett Gas : 25% for Contractor • Year 2 : US$ 3.1 M (with 3D seismic)
• 15 year-contract (2020-2035) • Year 3: US$ 2.1 M (1 well Drilling)
• Coverage 250 km2

Gas Reserve:
• Recoverable P50 353 BCF

Data Availability
Oil Reserve:
SUKOWATI
60 MMSCFD • Recoverable Oil P50 130 MMBO

Require focused efforts for


quick production drilling and
seismic to maturize drillable
prospects

@2019- BAM +6281229661969


Exploration work program has to be focused on
seismic data acquisition leading to deeper drilling.
South Tuban KSO - Hydrocarbon Prospects

Recoverable Gas (RF 80%)


353 BCF

Recoverable Oil (RF 30%)


130 MMBO

@2019- BAM +6281229661969


end of slide
thank you
PT Sky Star Region Energy
1st Floor Jalan Pengeran Antasari 62, Jakarta Selatan 12430
Contact Person: Bambang Mulyadi (+6281229661969)

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