{
    "success": true,
    "data": {
        "id": 1089939,
        "msgid": "premier-finds-gas-in-pangkah-1447893297",
        "date": "2001-02-27 00:00:00",
        "title": "Premier finds gas in Pangkah",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Premier finds gas in Pangkah LONDON (AFX): Premier Oil PLC announced the successful completion of an appraisal drilling program on Ujung Pangkah Field in its Pangkah Block in East Java, Indonesia. It has confirmed reserves for the field in excess of 450 billion cubic feet of liquids-rich gas, equivalent to around 90 million barrels of oil, with the possibility of developing additional oil from the structure.",
        "content": "<p>Premier finds gas in Pangkah<\/p>\n<p>LONDON (AFX): Premier Oil PLC announced the successful<br>\ncompletion of an appraisal drilling program on Ujung Pangkah<br>\nField in its Pangkah Block in East Java, Indonesia.<\/p>\n<p>It has confirmed reserves for the field in excess of 450<br>\nbillion cubic feet of liquids-rich gas, equivalent to around 90<br>\nmillion barrels of oil, with the possibility of developing<br>\nadditional oil from the structure.<\/p>\n<p>The appraisal program has also confirmed the presence of a<br>\nsignificant oil accumulation underlying the gas, which will be<br>\nthe subject of further study, it said.<\/p>\n<p>In collaboration with its Production Sharing Contract<br>\npartners, Premier Oil said it is actively pursuing a market for<br>\nthe gas and has commenced discussions for its sale.<\/p>\n<p>An additional seismic program is planned for later this year<br>\nto evaluate a possible western extension to the Ujung Pangkah<br>\nfield, it added.<\/p>\n<p>The co-venturers in the Pangkah PSC are: Premier Oil Natuna<br>\nSea Ltd (Operator) with 40 percent stake, Dana Petroleum PLC with<br>\n12 percent, Amerada Hess (Indonesia-Pangkah) Ltd 36 percent and<br>\nGulf Resources (Pangkah) Ltd 12 percent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/premier-finds-gas-in-pangkah-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}