Salamander Pens PSC for Central Kalimantan Licenses

Salamander Energy plc announced that it has signed Production Sharing Contracts (PSC) for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia. Salamander is the operator of both PSCs with a 100-percent working interest.

Each PSC covers an area of approximately 2,124 square miles (5,500 square kilometers) and both are located in the vicinity of the Salamander-operated Bangkanai PSC containing the Kerendan gas field development. These new PSCs increase the Group's position in one of its core areas and represent a large tract of additional acreage that will provide further growth opportunities around the Kerendan gas field.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Houston: Account Rep, Bus Dev, Sr
Expertise: Business Development|Sales
Location: Houston, TX
Business Development Manager
Expertise: Business Development|Construction Manager|Sales
Location: Tempe, AZ
SXL- Manager, Business Development
Expertise: Business Development
Location: Newtown Square, PA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours