UNO, DOS AND RAYU DEVELOPMENT


Indrillco has made a joint venture company, Indrillco Hulu Energy Ltd (IHE) with Samudra Energy Ltd to operate the Uno, Dos and Rayu (UDR) fields under an operation agreement with Pertamina EP. The agreement was signed on December 2007 for period of working contract up to 20 (twenty) years.

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EXPLORATION


Indrillco with Central Sumatra Energy Ltd have just awarded to develop the South Lirik Block under the Production Sharing Contract ( PSC ). This block is located in the Central Sumatra Basin with total acreage of 6, 505 sq km. Hydrocarbon potential in this area was first discovered in the Pre World War time. The first exploratory drilling well was drilled by Stanvac in 1940.

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SHALE GAS

Indrillco cooperates with Central Sumatra Energy have just received an approval from Director General
for Oil and Gas, The Ministry of Energy and Mineral Resources to starts the joint study for finding shale
gas petential in Sumatra area. Since shale gas exploration is new in Indonesia, the government will
award the contracts through direct offer mechanism, not through opened tender. To support the development
of unconventional gas such as CBM and shale gas, the government has issued Ministerial
Decree No.5, 2012 on the procedures of awarding non-conventional gas.
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MIDDLE EAST

To meet the growing demand for oilfield services in the Gulf region, In 1993, Indrillco established a company
INDRILLCO HILABY AND ASSOCIATES in The Republic of Yemen and 2011 established a company
INDRILLCO TAYSIR in Syrian Arab Republic. In Yemen, Indrillco has conducted some drilling services
bids for Masila oil field, operated by Canadian Oxy Yemen and workover services for Hayan Petroleum
Syria.
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