Ramba Energy ready flats PoD Block Lemang Pan Orient is trying to establish that it's entitled to a piece of this project, which is clearly going forward.
From Google Translate. Original article in Indonesian:
https://industri.kontan.co.id/news/ramba-energy-siap-susun-pod-blok-lemang/?utm_source=twitterfeed&utm_medium=twitter
JAKARTA. Ramba Energy Ltd. approved preliminary exploration results of the company in the well-Akatara Selong. Furthermore, the Special Unit Upstream Oil and Gas permit Ramba Energy to draft plan of development (PoD) for Block Lemang.
Ramba Energy's Executive Director Daniel Jol stated, with no approval to start PoD, it is already one step closer to start commercial production in the second half of 2015. There are at least three scenarios of commercial production can be done Ramba Energy in Block Lemang later.
First, with a peak production of 57,000 barrels of oil per day (bpd) and 47 mmscfd of gas. Second, with production of 25,000 barrels of oil and gas at 47 mmscfd. Third, with production of 11,000 barrels per day and gas at 26 mmscfd. "It is in the process of preparing the PoD, hoping to be able to final approval as soon as possible. Upon PoD is approved, we will begin the process of procurement and development on the block," he explained last weekend.
However, Daniel Jol admitted he could not reveal the amount of the value of the investment for the development of Block Lemang. All costs related to the development of well-Akatara Selong will be presented in the final version of the PoD and must be approved by the Oil and Gas SKK