Tanjung (Antara Bali) - Pertamina EP said it has found new oil and gas reserve in the Sungai Jaing area of the Tabalong regency , South Kalimantan.
The subsidiary of state oil and gas company PT Pertamina is now seeking local permit and principle license from the Tabalong district administration, company's spokesman Ruspandi said.
The location permit and principle license are required before starting drilling , Ruspandi said here on Wednesday.
Earlier, Himawan Djatmiko, an assistant law and community manager of Pertamina EP said Sungai Jaing in the sub-district of Pugaan, is a new operational area as so far the company had concentrated explorations only in the sub-districts of Tanta, Tanjung and Murung Pudak.
"In its ambition to boost production, Pertamina EP expanded operation including to the sub-district of Pugaan," Himawan.
Pertamina EP has explored three new wells in the sub-districts of Tanta and Murung Pudak, as part of its plan to have 7 additional wells in 2013.
With the additional wells, Pertamina EP hopes to turn out 5,000 barrels of crude oil per day in that area. (*/DWA)