TANJUNG ENIM PSC

Awarded on 3 August 2009 (30 Years Contract)

Contractors :

	Dart Energy (Tanjung Enim) Pte Ltd (1)	45% (Operator)
	PT Pertamina Hulu Energi Metra Enim (2)	27.5%
	PT Bukit Asam Metana Enim (3)	27.5%

Current Acreage: 249.10 km²

Reserves: ⁽⁴⁾

Gas In Place	484 BCF
P1 / P2 / 2P	113 / 102 / 215 BCF
Recoverable Reserve	165 BCF (from 33 km2 out of 249.1 km2) / POD-1

Exploration Data:

CBM Wells (drilled by NuEnergy Gas)	13 wells
Coal mining core holes	27 wells
Seismic lines	55 lines
Conventional oil and gas wells	5 wells

Strategic Location:

• Located about 50 km and 130 km from growing economy and industrial cities of Prabumulih and Palembang respectively
• Well developed infrastructure with long establishment of Bukit Asam Coal Miner and Pertamina Oil and Gas Facilities
• About 35 km from major gas trunk lines to Java market and export to Malaysia and Singapore

Current Status:

• POD1 approved by the Ministry of Energy and Mineral Resources ("MEMR") on 17th June 2021, for development of gas production to a plateau of up to 25MMSCFD.
• MEMR has approved a gas allocation on 29 August 2025 for the sale of 1MMSCFD of CBM and GSPA signed with PT Perusahaan Gas Negara Tbk (“PGN”).
• Under early gas sales initiative, 4 planned wells were completed, with thicker overall coal seams than prognosed and dewatering is progressing well.