Indonesia Petroleum Bidding Second Round Year 2011

MINISTRY OF ENERGY AND MINERAL RESOURCES

DIRECTORATE GENERAL OF OIL AND GAS

INDONESIAPETROLEUM BIDDING

SECOND ROUND 2011

INDONESIA PETROLEUM BIDDING SECOND ROUND YEAR 2011

nd2 BID ROUND 2011 SCHEDULE

2 BID ROUND 2011 TERMS & CONDITIONSnd

No. BLOCKSize

(Km2)

(Term and Condition)

Minimum Firm Commitment & 4th YearCommitment

1stRelinquishment FTP

1)

DMOGovernment Share

(%) After Tax 3)

Contractor Share(%) After Tax 3) Minimum

Signature Bonus (US$) Volume Fee2) Oil Gas Oil Gas

2 SOUTH BATURAJA 2,186.68 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic

3 NORTH BATURAJA 4,294.70 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic and Well(s)

5 TANJUNG ARU 4,190.96 25% 20% 25% 25% 65 60 35 40 1,000,000 3D Seismic

4 KUALA PAMBUANG 8,149.94 30% 20% 25% 25% 60 60 40 40 1,000,000 2D Seismic & 1 Well (4th Year)

6 SOUTH EAST SERAM 8,202.50 30% 20% 25% 25% 65 60 35 40 1,500,000 2D Seismic & 1 Well (4th Year)

7 KUNINGAN 2,790.42 25% 20% 25% 25% 65 65 35 35 1,000,000 2D Seismic & 1 Well (4th Year)

8 OFFSHORE SOUTH JAVA I 6,309.95 25% 20% 25% 25% 60 60 40 40 1,000,000 2D Seismic & 1 Well (4th Year)

9 OFFSHORE SOUTH JAVA II 6,478.95 25% 20% 25% 25% 60 60 40 40 1,000,000 2D Seismic & 1 Well (4th Year)

10 OFFSHORE SOUTH JAVA III 8,117.08 30% 20% 25% 25% 60 60 40 40 1,000,000 2D Seismic & 1 Well (4th Year)

11 SOUTH WEST SALAWATI 4,986.08 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic and Well(s)

12 SOUTH EAST SAGERI 6,396.69 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic

13 WEST BERAU 4,309.63 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic & 1 Well (4th Year)

14 KAI 4,662.54 25% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic & 1 Well (4th Year)

15 EAST ABADI 8,536.49 30% 20% 25% 25% 65 60 35 40 1,000,000 2D Seismic & 1 Well (4th Year)

Note:1)FTP 20 % is shared2)DMO Fee after 5 years of production

3)Effective tax rates : 40%

DIRECT PROPOSAL TENDER

REGULAR TENDER

1 KALYANI 609.58 10% 20% 25% 25% 70 65 30 35 1,000,000 2D Seismic and Well(s)

MINISTRY OF ENERGY AND MINERAL RESOURCES

DIRECTORATE GENERAL OF OIL AND GAS

DIRECT PROPOSAL TENDER

MINISTRY OF ENERGY AND MINERAL RESOURCES

DIRECTORATE GENERAL OF OIL AND GAS

REGULAR TENDER

BID DOCUMENT ACCESS

ACCESSING DATA