SELE RAYA MERANGIN DUA

Sele Raya Merangin Dua plan of development has been approved by the Indonesian Government in August 20, 2009 and has started production in May 2010. The block is estimated to have recoverable resources of 850 million
barrels of oil, 10.8 TCFG

The Production Sharing Contract of Merangin II Block was signed on October 14, 2003. Merangin II Block which is located onshore South Sumatera, with the retained surface area of 569.42 sq.km and situated within the “South Sumatera Basin” operated by PT Sele Raya Merangin Dua.

PT. Sele Raya Merangin Dua has fulfilled its Production Sharing Contract commitments through oil discovery within the Merangin II Block at Tampi, NWB and Lumbian Field.