Indonesia Licensing Round Report

28 May 2009

Written by Deloitte Petroleum Services

Indonesia’s Directorate General of Oil and Gas (MIGAS www.migas-indonesia.com) launched the First Indonesia Petroleum Bidding Round of 2009 on 4 May 2009. For this round, a total of 24 blocks are being offered with 17 blocks under Regular Tender and seven blocks under Direct Proposal Tender.

The blocks offered are as follows:-

First Indonesia Petroleum Bidding Round 2009
Block Name Basin Name Bidding Method
TOMINI BAY-I GORONTALO REGULAR TENDER
TOMINI BAY-II GORONTALO REGULAR TENDER
TOMINI BAY-III GORONTALO REGULAR TENDER
TOMINI BAY-IV GORONTALO REGULAR TENDER
TOMINI BAY-V GORONTALO REGULAR TENDER
GORONTALO TOMINI I GORONTALO REGULAR TENDER
GORONTALO TOMINI II GORONTALO REGULAR TENDER
BONE NORTH SENGKANG BONE REGULAR TENDER
KOLAKA LASUSUA SENGKANG BONE REGULAR TENDER
KABENA SENGKANG BONE REGULAR TENDER
JAMPEA SENGKANG BONE REGULAR TENDER
BUTON III SENGKANG BONE REGULAR TENDER
MENUI ASERA SALABANGA MANUI REGULAR TENDER
MOROWALI TOMORI REGULAR TENDER
SULA-I BANGGAI SULA REGULAR TENDER
SULA-II BANGGAI SULA REGULAR TENDER
BIRD'S HEAD SALAWATI REGULAR TENDER
KUBU CENTRAL SUMATRA DIRECT PROPOSAL TENDER
OGAN KOMERING NORTHEAST SOUTH SUMATRA DIRECT PROPOSAL TENDER
JAVA WEST OFFSHORE NORTHWEST JAVA DIRECT PROPOSAL TENDER
BLORA JAVA SEA DIRECT PROPOSAL TENDER
MAKASSAR STRAIT NORTH KUTEI DIRECT PROPOSAL TENDER
SIMENGGARIS EAST TARAKAN DIRECT PROPOSAL TENDER
DIGUL IRIAN ARAFURA DIRECT PROPOSAL TENDER

Bid documents have been available from 15 June 2009. The bid deadline for direct proposal tenders is 30 July 2009 and for regular tenders is 13 October 2009.


Map: Blocks offered under the First Indonesia Petroleum Bidding Round 2009 (red shading for Direct Proposal and green shading for Regular Tender).   Source: PetroView®

On 30 April 2009, MIGAS awarded oil and gas exploration rights on 12 blocks to several international and local companies as below:-

Indonesia Petroleum Round Awards 2008
Block Operator Partners
SOUTH BLOCK A PT REALTO ENERGI NUSANTARA PT PROSYS OIL & GAS INTERNATIONAL
EAST PAMAI PT NORTHERN YAMANO TECH OIL RESOURCES -
WEST BELIDA ORCHARD ENERGY WEST BELIDA LTD PT BAYU ENERGI LESTARI
TERUMBU AWE TERUMBU NZ LTD -
S. E. MADURA PT BAMA BUMI SENTOSA PT TOBA SEJAHTERA
PASIR PT ARCHIPELAGO RESOURCES -
SOUTH SESULU HESS INDONESIA SOUTH SESULU -
KOFIAU NIKO RESOURCES OVERSEAS IX LTD BLACK GOLD KOFIAU LLC
KUMAWA MARATHON INDONESIA BLACK GOLD KUMAWA ENERGI LLC
CENDRAWASIH ESSO EXPLORATION CENDRAWASIH LTD BLACK GOLD CENDRAWASIH LLC
PAPUA NORTH SARMI PAPUA ASIA OIL LTD -
LAMPUNG III PT HARPINDO MITRA KHARISMA -

With the exception of the Lampung III block, all other blocks were from the Second Indonesia Petroleum Bidding Round 2008. Out of the 15 blocks offered under the second round in 2008, only 11 blocks attracted bids. The reported total exploration commitments (first three years) and signature bonuses are USD 195.68 million and USD 23.35 million respectively.



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