New Oil Reserves Found in South Kalimantan

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)