wb. Prommacnenoriaraneacuna @) OIL GAS PROSPECT EVALUATION KARANG AGUNG BLOCK JAKARTA, Januari 2015bp: % PT ODIRA ENERGY KARANG AGUNG © Dengan Ketentuan : 1, Pemegang Izin divajibkan: a. Menandatangani "Confidentiality Agreement’ dengan calon investor yang dibuat dalam 2 (dua) bahiasa (Bahasa Indonesia dan Bahasa Inggris) serla mengirimkan 1 (Salu) fotokopi “Confidentiality Agreement’ yang telah ditandatangani kepada Direklur Pembinaan Usaha Hulu, Direkloral Jenderal Minyak dan Gas Burn, b. Melaksanakan pembukaan data dalam Wilayal Negara Kesatuan Republik Indonesia dan tidak ciperkenankan dibuka di var Wiayah Indonesia tanpa izin Direktur Pembinaan Usaha Hulu, Direktoral Jenderal Minyak dan Gas Buri. c. Memperlihatkan data sesuai dengan list data yang akan dibuka dan tidak nemberikan salinannya bak berupa hard copy maupuin soft copy kepada plhak yang melinat data.% _ PTODIRAENERGY KARANG AGUNG) Contract Summary Operator : PT ODIRA ENERGY KARANG AGUNG Address : Patra Jasa Office Tower 15th Floor Suite 1507. : Jl. Jend. Gatot Subroto Kav. 32-34 Jakarta - 12950 : Ph. : 021 52900 614-615 / Fax. 021 52900616 Effective Date : January 16, 2007 Contract Area : Karang Agung, South Sumatera Type of Contract : Production Sharing Contract (PSC) Term of Contract : 30 years Acreage : 2.459,68 Km2 1st Relinquishment : 491,94 Km2 (20%) % Januari 15, 2010 2nd-Relinquishment : 1475,84 Km2 (60%) % Januari, 2013 (Process) Retained area : 491,90 Km2 (In the end of 6 year : 20%) Location : South Sumatera Province% PT ODIRA ENERGY KARANG AGUNG © 6 YEAR’S EXPLORATION COMMITMENT PROGRAM BUDGET (USS) PROGRAM BUDGET (USS) 12007) _ | Study G&S 200-000) 4 (2010) | Study G&G 500.000 Seismic & Processing 2.000.000 3 (2011) | Study G&G SOOTUCD 24 (2008) Study G&G 300.000 — Drill 1 NFWA BSOIO00 Drill 1 NFW-C 1.100.000 3 (2009) | Study GAGS 300.000 6" (2012) | Study G&G 500.000 Drill 1 NFW-B 850.000 SECOND 3 YEAR’S 2.600.000 FIRST 3 YEAR'S 4.500.000 TOTAL TAL) (2x 3) Year’s Exploration Commitment 4st ( Year 2007 ): * STUDY G&G 12 Nopember 2007 s/d 12 Maret 2008 — by LEMIGAS * SEISMIC & PROCESSING: 15 Nopember 2007 s/d 28 Maret 2008 — by ELNUSA 2ed( Year 2008): *STUDYG&G + 08 Juli 2008 s/d 07 Januari 2009 — by PT. Gading Emerald. * Drill 1 Well Expl. > Rahmat-1(RMT-1) Nov 2008 — di alihkan Thn 2009 3( Year 2009): * STUDY G&G 1 01 Nopember 2009-31 Januari 2010 — by PT. Gading Emerald. * Drill 1 Well Expl. ‘> Ridho ( RID-1) + RAHMAT-1 (RMT-1) > 12 Agt 2009 s/d 28 Des 2009 4! ( Year 2010, = STUDY G&G : 16 Sept 2010 s/d 30 Des 2010 => Propose for POD 1 - Ridho di setujui Menteri ESDM tgl 28 Okt 2011 dengan surat BPMIGAS gl 1 Des 2011 Bt ( Year 2041 STUDY G&G : 16 Maret 2011 sid 15 Juli 2011 => Prospek Siap Bor : 19 Des 2011 s/d 18Des 2012 => Sertifikasi Gas Struktur Rahmat BOR Drill 1 Well Expl: > Karunia (KRU-1) di alihkan ke thn 2012 + ref, surat BPMIGAS No. 0600/BPA0000/2010/S1 tgl 11 Oct 2010 6 ( Tahun 2012) STUDY G&G : April 2012— disepakati untuk tidak dilaksanakan. BOR Drill 1 Well Expl. : > Karunia-1 ( KRU-1) — Nov 2012 , realisasi bor April 2014,% PT ODIRA ENERGY KARANG AGUNG © bp LOCATION OF RIDHO & RAHMAT STRUCTURESbp % PT ODIRA ENERGY KARANG AGUNG © 491.94 Km2 ae Ae ® a eens% PT ODIRA ENERGY KARANG AGUNG © RIDHO — 1 Well Data Well : Ridho -1 (RID - 1) Structure : North Palembang Anticlinorium. Surface Coordinate 1 X=+ 415.135,00 E; Y=+ 9.728.023,00 N Ground Elevation : 20.32m Derrick Floor Elevation : 25.19 m. Kelly Bushing Elevation : 25.49 m. Derrick Floor — Bottom Flange : 4.87 m. Spud in date : 04 November 2009. Dated to Total Depth : 05 December 2009. Well Completion Date : 28 December 2009. Final Depth : 1700 m. Well Cost : US $ 2,899,710. Perforation : 1. Interval 1414 - 1418 m ; Lemat Sand 2. Interval 1384 —- 1388 m ; TAF Sand-2 3. Interval 1352 - 1354 m ; TAF Sand-1 Well Completed : Ridho-1 was completed as a suspended oil and condensate well. Drilling Installation : SKYTOP/ EDR - 01 ( 550 HP ) by ELNUSA% PT ODIRA ENERGY KARANG AGUNG © bp Type log of Lemat Sand% PT ODIRA ENERGY KARANG AGUNG © bp: Ridho -1 Well Test Results — DST | DATA TEKNIS FORMATION : LEMAT SANDSTONE > NET PAY : 14M (1410 - 1424) M. NET SAND : 31M (1410 - 1441) M. PERFORATION 1 1414-1418 M. GUN PERFORATOR — : HSD6 SPF, COMPLETION FLUID : SG=1.18, CL = 151.000. DATE : 19 December 2009 TIME FLUID Oil (*) GAS | PWHPsi|PSEPPsi| TEMP | (MINUTE) (BFPD) (BOPD) |(MMSCFPD)| (B.CHOKE) OKI TR iH He 42164 | 547 547 203 100 48/64 643 643 R 64/64 998 898.2 R CHAMBER DATA Content : 389 cc Fluida.(crude oil + air asin) Water Sat. —_: 1.02, CL: 13.000 ppm -Pour Point : 116°F Pressure : 1800 psi, Temperature : 234° F - B. Choke = Before Choke - A. Choke = After Chokea.) PT ODIRA ENERGY KARANG AGUNG © Type log of TAF Sand-2% PT ODIRAENERGY KARANG AGUNG © Ridho -1 Well Test Results — DST II TECHNICAL DATA FORMATION :TAFSAND-2 - =NETPAY =: 20M (1372 - 1392) M. NET SAND : 36 M (1366 - 1401) M. PERFORATION 1 1384 - 1388 M. GUN PERFORATOR_ : HSD 6 SPF. COMPLETION FLUID : SG=1.18, CL = 151.000. DATE : 22 DESEMBER 2009. TIME GAS PWH Psi | PSEP Psi TEMP (inte) (uuscrPo) | @cHoKe) | ‘actoKe) 1 TR 878 |_reware | TR 773 TR 544 TR 532 TR CHAMBER DATA : CONTENT Formation Press. _: interval 1384-1388 m = 1795 psi ; Temperature : Note *) Oil - API Gravity : 23 Degre. SG ; crude oil = 0,916 104° F 5. Before Choke - A. Choke = After Choke Formation Water - Sg = 1,03, Cl = 23.000» . PT ODIRA ENERGY KARANG AGUNG © Type log of TAF Sand-1» , PT ODIRA ENERGY KARANG AGUNG © Ridho -1 Well Test Results — DST Ill TECHNICAL DATA FORMATION : TAF SANDI NETPAY : 4M (1350 - 1354) M. NET SAND : 7 M (1350 - 1357) M. PERFORATION 2 1352. 1354M. GUN PERFORATOR HSD6 SPF. COMPLETION FLUID SG=1.12, CL = 95.000. : 24 DECEMBER 2009. FLUID T w.c | COND*) [GAS (BFPO) CHAMBER DATA ‘Content : Condensate =23 cc; Chamber Press = 20 psi Formation Press: 1773 psi; Temperature :232 °F NOTE *) Condensate —_: - API Gravity : 50.8 Degre. SG Condensate = 0,778 = SG Gas: 0.785 - B. Choke = Before Choke - A. Choke = After Chokebp: % PT ODIRA ENERGY KARANG AGUNG © RAHMAT —1 Well Data + Well : Rahmat-1 (RMT -1) * Structure : North Palembang Anticlinorium. * Surface Coordinate : X=+ 445.170,609 E ; Y=+ 9.730.504,070 N * Ground Elevation 2 2.432: m. * Derrick Floor Elevation : 7.308m. * Kelly Bushing Elevation : 7.338 m. * Derrick Floor : 4.87m. * Spud in date : 12 Agustus 2009. * Dated to Total Depth : 22 Agustus 2009. * Well Completion Date —: 30 September 2009. * Final Depth : 500m. * Well Cost : US $2,290,247. * Perforation : 1. Inv. 297 - 299 m & 302 - 303 m ; Formasi Talang Akar 2. Inv. 250 - 252m ; Formasi Talang Akar 3. Inv. 223- 229m ; Formasi Telisa Well Completed : Rahmat-i was completed as a suspended gas well. Drilling Installation : SKYTOP / EDR - 01 (550 HP ) by ELNUSA0... PTODIRA ENERGY KARANG AGUNG © Rahmat -1 Well Test Results — DST III TECHNICAL DATA FORMATION : BASAL SAND TELISA NET PAY 19M, (222-231)M NET SAND M. (222-231) M INTERVAL PERFO. 1 223-229 M. GUN PERFORATOR HSD 4 1/2" 6 SPF, COMPLETION FLUID DATE G=1.17. : 26-28 SEPTEMBER 2009. CHOKE _| CAIRAN oiL_| Gas _| PWHPsi | PSEP Psi REMARK INCI) | -(BFPD} 5. x CHAMBER DATA CONTENT —: 100 cc Fluida.(COMPLETION FLUID) FORM. PRESS : 334 psi, Temperature : 105° F Note : -B Choke = Before Choke -A Choke = After Choke -DST-1 : Selang 297 - 299 M dan 302- 303 M, hasil air asin SG 1,02. -DST - II : Selang 250 - 252 M, hasil air asin SG 1.02=————— de ee ee ae MCI = ea = es a mn +2... PT ODIRA ENERGY KARANG AGUNG © 1. KESIAPAN SUMUR (100%) * RIDHO-01, TARGET PRODUKSI 1000 BOPD, SITP = 900 PSI > SIAP PRODUKSI * RIDHO-02, TARGET PRODUKS! 271 BOPD, SITP= 150 PSI > SIAP PRODUKSI * RIDHO-03, TARGET PRODUKSI 271 BOPD, SITP = 830 PSI > SIAP PRODUKSI “ 271 BOPD, SITP = 1400 PSI > SIAP PRODUKSI * RIDHO-04, TARGET PRODUKSI * RIDHO-05, TARGET PRODUKS! 271 BOPD, SITP= 225 PSI > SIAP PRODUKSI TARGET PRODUKS! 1800 BOPD DENGAN MEMPRODUKSIKAN SUMUR-SUMUR RID-01, RID-03, RID-04 DAN RID-O5 SUMUR INJEKSI SINAR-01 SIAP UNTUK INJEKSI.wo PT ODIRA ENERGY KARANG AGUNG © 2. KESIAPAN FASILITAS PRODUKSI (99.6%) LAPANGAN RIDHO : TANGKI, SEPARATOR, POMPA-POMPA, HEATER, GENERATOR, COMPRESSOR, FLOW LINE KE SUMUR > SUDAH SIAP PIPA 4” 20 KM BENTAYAN — RIDHO UNTUK KIRIM MINYAK BLENDING > SIAP + PIPA 6” 20 KM RIDHO — BENTAYAN UNTUK PRODUKSI (MINYAK BLENDING + MINYAK RIDHO) > SUDAH SIAP PIPA 3° 20 KM BENTAYAN — RIDHO UNTUK FUEL GAS > SUDAH SIAP *) PIPA 3” 20 KM BENTAYAN -— RIDHO UNTUK AIR ASIN > SUDAH SIAP “» LAPANGAN BENTAYAN + TANGKI, POMPA, PD METER, FLOW LINE > SUDAH SIAP **) SUPPLY FUEL GAS UNTUK HEATER DAN GENSET -> GAL dari Menteri ESDM selesai. (REF. SURAT SKK MIGAS NO. SRT-0909/SKKO0000/2014/S2 TGL 13 OKT 2014) DALAM PROSES PERIZINAN KEMENTERIAN KEHUTANAN UNTUK STATUS HUTAN PRODUKSI YANG DAPAT DIKONVERSI (sfatus terakhir menunggu SK IPPKH dari Kementrian Kehutanan > posisi di Dir Jen Planologi -- finalisasi DAS ) KOORDINASI DENGAN PARA SHIPPER UNTUK INITIAL FILL MINYAK TEMPINO > SUDAH SIA% PT ODIRA ENERGY KARANG AGUNG © OIL TRANSPORTATION SYSTEM PENGABUAN BoosT JARAK : BENTAYAN RIDHO_ 20 KM. OIL BLENDINGbp) % PT ODIRA ENERGY KARANG AGUNG © JALUR PIPA : PT PERTAMINA EP — PT OEKA - COPI LEE’: | Yj 7 J | 1050516 | ~~ ee. ProeKA =7403. 5920% PT ODIRA ENERGY KARANG AGUNG © bp) POD | RIDHO - AWAL DIAGRAM ALIR MINYAK LAPANGAN RIDHO DAN BENTAYAN 'SKENARIO DIAGRAM ALIR MINYAK% PT ODIRA ENERGY KARANG AGUNG © bp: SP. OEKA LAP. RIDHO * = f]s=- = f = = = 2) EE = ae SSS EE SE obioees PT ODIRA ENERGY KARANG AGUNG © SP. OEKA LAP. BENTAYAN% bp: PT ODIRA ENERGY KARANG AGUNG © SKENARIO PENGEMBANGAN FASILITAS PRODUKSI ILOKAS|| PERALATAN STATUS KETERANGAN [TANGKI PRODUKSI (2 X 5000 BBL) ‘SELESA| DIBANGUN [TANGKI BLENDING (2 X 5000 BBL) ‘SELESA| DIBANGUN [TANGKIAIR (1 X 1000 BBL) ‘SELESAI DIBANGUN ITANGKI TEST (1X 1000 BBL) ‘SELESA| DIBANGUN ISEPARATOR PRODUKSI (1 X 5000 BOPD) ‘SELESA|DIBANGUN Q _ [SEPARATOR PRODUKSI(1 X 1200 BOPD) ‘SELESA|DIBANGUN G [FLOWLINE (3"X5 KM) SELESA| DIBANGUN @ [DIRECT FIRE HEATER (1 X 5000 BBL) SELESA| DIBANGUN PIPA BLENDING MINYAK KE SUMUR (3"X5KM)__| SUDAH TERPASANG. PIPA INJEKSI AIR KE SUMUR (3" X 3 KM) ‘SUDAH TERPASANG POMPA, ‘SELESAI DIBANGUN METERING 'SELESAI DIBANGUN IFASILITAS PENDUKUNG. ‘SELESAI DIBANGUN z z & |PIPAMINYAK PRODUKSI (6" X20 KM) ‘SUDAH TERPASANG MENGGUNAKAN ROW PIPA EXISTING. i [PIPAMINYAK BLENDING (4" X20 KM) ‘SUDAH TERPASANG IMENGGUNAKAN ROW PIPA EXISTING © |PIPAAIR ASIN (3° X20 KM) ‘SUDAH TERPASANG MENGGUNAKAN ROW PIPA EXISTING Q _ |PIPAGAS (3°20 KM) ‘SUDAH TERPASANG MENGGUNAKAN ROW PIPA EXISTING 3 ae 'TANGKI PRODUKSI (2 X 5000 BBL) ‘SELESAI DIBANGUN 2 _ [TANGKI BLENDING (2 X 3300 BBL) ‘SELESAI DIBANGUN > [POMPA ‘SELESAI DIBANGUN [METERING ‘SELESA| DIBANGUN ij _ | PASILITAS PENDUKUNG ‘SHARE m@ _[PIPAMINYAK BLENDING (KM-139 KE BENTAYAN) SHARE TIEN KE PIPA TEMPINO - PLAJU DI KM-139, PIPA MINYAK PRODUKSI (BENTAYAN KE KIV-139) SHARE TIE-IN KE PIPA TEMPINO - PLAJU DI KM-139.0... PT ODIRA ENERGY KARANG AGUNG © ‘STATUS PROGRANM (REALEAGT PROTENTPRGORA. [ea FAs PROD ROR. Pea FAR PGS SENTATITD [PARANA PPAR a Oe enn acAS TPR [meCnnaca COMPLETEN [comes [ramoveR [sero Fon aman TARGET OKA PROOUKTKTEN Wrasamre JADWAL PEMBORAN / W.O. PEMBANGUNAN FASPROD TH 2013/2014 & TARGET PRODUKS! 2014 PTODIRA ENERGY KARANG AGUNG 2013 2014 aaa ‘aaa Tart Toa Taxa aaa ETERAWGAN:"] SEBAGA KENDALA TANK,PT ODIRA ENERGY KARANG AGUNG i) % bp PROFILE PRODUKSI FIELD OIL PRODUCTION RATE 2 4 a = N + 4 oS 3 i a 2 5 3 = Qa S =< 3 2 ra # g z = & : gE 8 ‘SHUTIN (LEMAT)/OPEN (SS2) : P2 WELL 1-NOV-2021 ‘SHUTIN (LEMAT)/OPEN (SS2) : P WELI AVO/ELS “UdOd eeuner ge-unpT ce-unpt |} ge-unet Se-unpt veunet ee-uneT ze-unet Teun og-unet ez-unet ez-unet cent sz-unet se-unet peuner e-uner ze-unet Teun oz-unet er-unpt et-unpt cvunpt stunt sT-unpt sT-unet eT-unet runtNEW PSC Model Contract Area Karang Agung Block — South Sumatera Effective Date 16 Januari 2007 ( 30 Years ) Type Production Sharing Contract Portion of Crude: BPMIGAS : 73.2143 % Contractor : 26.7857 % Portion of Gas BPMIGAS : 46.4286 % FTP Investment Credit : 0% DMO 125% (60 month DMO Holiday) DMO fee 125% TAX 144% Analysis Cash Flow Full Cycle Semi Full Cycle2, _ PT ODIRAENERGY KARANG AGUNG © es,