INFO ON 3 KSO BELONG TO AXIS ASIA

KSO PT Pertamina EP- PT Petro Papua Mogoi Wasian

KSO PT Pertamina EP- PT Tawun Gegunung Energi
KSO PT Pertamina EP- PT Sambidoyong Energi
Group’s Upstream Portfolio

Mogoi Wasian KSO

EUR 47 mmboe; 2.1 TCFG

Tawun Gegunung KSO

EUR 53 mmboe

Sambidoyong KSO
EUR 33 mmboe;
10 bcfg
Existing Block
 A. KSO PETRO PAPUA MOGOI WASIAN
• Location in West Papua
• Size: 200km2
• Status: Production Field
• Sharing: Oil 19% Nett, Gas 30% Nett
KSO PETRO PAPUA MOGOI WASIAN • Contract expiring date: July 2034
B. HISTORY OF MOGOI-WASIAN
• Discovered by Royal Dutch Shell in 1940
• Developed in 1955-1961
• Peak daily production rate 10,000 BOPD
• Total recovered 6.4 juta Barrel.
• Depth of the producing structures 500m&1000m
• Total wells drilled 55 in Mogoi and 22 in Wasian
• Rate per well up to 800 bopd
C. PATRINDO REACTIVATION
• Total drilling: 40 wells
• Peak production 2000 BOPD (recovered 2M bbrs)
D. Oil Reserve
• Studied by major institutions
• Original Oil In Place: 160-200 Million bbrls
• Remaining Recoverable reserve: 30million barrel.
• Potential Revenue US$ 1.5 B
E. Gas Reserve
• 1 (One) well drilled namely Mogoi Deep-1 tested 40MMCFGPD
• Recoverable Gas: 3,40 TCF
• Potential revenue: US$ 27 B (Oil Equivalent)
FI. Infrastructure
• Camp, road, pipe, tanks are available and functioning.
• Own 1 drilling Rig 450hp at field
 A. KSO TAWUN GEGUNUNG ENERGI
• Location: East Java,
KSO TAWUN GEGUNUNG ENERGI • Size Area: 125km2
• Status: Production field
• Sharing: Oil 12.5% Nett
• Contarct expiring date Sept 2027 (extandable 15 years)
• Near Major Fields such as Banyu Urip, Mudi, Sukowati
B. HISTORY OF TAWUN GEGUNUNG FIELD
• Discovered by Royal Dutch Shell in 1890
• Developed in 1890-1930
• Daily production 1200 BOPD
• Production zones: 100-300m
• Proven oil structure and producing field: Tawun&GGNP
C. DRILLING BY KSO TGE
• Drilled in December 2019
• Drilling Depteh 615m
• Discovered new zones 400m-615m (tested &log)
• Potential wells to be drilled >80 wells
• Producing zones 400,500,600,800 and 1200m
D. Oil Reserve
• Potential recoverable 53 mIllion bbrls
• Potential Revenue US$ 2B
FI. Infrastructure
• Road, tanks, pipes, camps are available.
• Own 1 drilling Rig 550hp at field
• Need to add more tanks, pipes when develop the field.
 A. KSO SAMBIDOYONG ENERGI
• Location: West Java,
• Size Area 16.5km2
KSO SAMBIDOYONG ENERGI • Status: Production Field
• Sharing: Oil 13.5% Nett
• Expiring contract: Sept 2027 (expendable to15 years)
• Near major fields such as PHE, JATIBARANG, etc
B. HISTORY OF SAMBIDOYONG FIELD
• Discovered by PERTAMINA and KNOC in 1970
• Two (2) wells drilled and discovered oil and gas.
• Tested 325 BOPD-650 BOPD
• Field is nearly in production stage
• Seismic 3D had been conducted and shows many potentials
C. KSO SAMBIDOYONG DEVELOPMENT
• Performed workover and well services
• Camp, tanks pipelines are available
• Potential to drill >20 wells and produce 6000 bopd
D. Oil Reserve
• Potential recoverable 48 million bbrls
• Potential Revenue US$ 2B
FI. Infrastructure
• Very near to gas pipeline ( only 1.5km from main pipeline).
• Near to major oil stations and refinery (30km)
• Need to build pipeline and tanks when drilling more wells.