Antam Office Tower B, Lingkar Selatan, Jl. TB Simatupang No.1, RT.10/RW.4, Tj. Bar., Kec. Jagakarsa, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12530
Excellent Producing Asset with Multiple Low Risk Potential Prospect and Huge Basement Fractures Resources of Karang Agung Block, South Sumatra Basin, IndonesiaOdira Energy Karang Agung opens potential partners / investors to participate in operating Karang Block that is located in Banyuasin regency, South Sumatra, Indonesia. The block has been producing through a field namely Ridho Field since 2017 with total cumulative production to date is around 200 MSTB from 2.4 MMBO recoverable reserves (2P). Beside, two contingent resources, Kubu and Rahmat, with 2C resources equivalent to 25 BCF are ready to be commercialized. Multiple low risk lead and prospects are already identified through seismic mapping that includes the nearby Ridho step out opportunities of Syafaah and Sakinah, Pahala, Rizki, Berkah, Marfuah and Basement fractures of Rahmat. As from the mapping, the total volumetric are equivalent to 118 MMBOE.
