Merger and Acquisition for Gas Due Diligent Field Production in Natuna Sea (2)

Merger and acquisition for gas field production facilities with total investment value $30 million USD. Several analyses are carried out at this project:

• Reserve verification
• Estimate CAPEX and OPEX
• Field development plan review
• Commercial and economic evaluation
• Verify and ranking the block prospects to upside potentials

There are two cases defined as sensitivity:

• Normal dynamic model – 115 mmscfd plateau with the same dynamic model as the 90 mmscfd base case to simulate maximum gas delivery as per gas allocation approval from MEMR.
• Optimize dynamic model – 115 mmscfd plateau run with an optimized dynamic model (acknowledging more reservoir connectivity and lower skin, thereby extending the plateau period).