Energi Mega Persada (ENRG) Discovers New Oil Reserves in Riau
PT Energi Mega Persada Tbk (ENRG) has announced the discovery of new oil from the Cenako-1 Twin exploration well in the South CPP block, Riau, Sumatra, as well as the successful reactivation of the Bentu-2 gas well in the Bentu block.
A subsidiary of EMP, PT EMP Tunas Energi, has successfully completed the drilling of the Cenako-1 Twin well to a depth of 2,475 feet or approximately 754 metres.
Based on initial well testing and subsurface data on 17 March 2026, the Cenako structure is estimated to contain around 15.6 million barrels of original oil in place.
Deputy Director & Chief Financial Officer of EMP, Edoardus Ardianto, stated that the company will continue exploration and further drilling activities to convert this discovery into commercially developable reserves.
“We plan to conduct seismic data acquisition and drilling in three additional wells with a total production potential of 500 barrels of oil per day,” he said, quoted from a written statement on Wednesday (25/3/2026).
President Director & Chief Executive Officer of EMP, Syailendra S. Bakrie, added that the company will strive to accelerate the conversion of this discovery into commercial production to add value for all EMP stakeholders.
“This discovery is part of EMP’s commitment to supporting the increase in national hydrocarbon reserves and strengthening Indonesia’s energy resilience,” he said.
Bentu Block in Riau
EMP also announced that its subsidiary, EMP Bentu Limited, has successfully reactivated the Bentu field, particularly the Bentu-2 well, through a series of intensive production pipeline construction and well maintenance (workover) activities.
Previously, the Bentu-2 well was an idle well that had never been produced. However, by completing the production pipeline construction in December 2025, followed by workover activities from February to mid-March 2026, the company has successfully reactivated and begun producing gas from the well.
The investment expended to support this gas discovery remains below budget, reflecting efficiency in its execution. Gas flow testing results indicate that the Bentu-2 well can produce 5 million cubic feet of gas per day, with estimated total production from the Bentu field eventually reaching 15 million cubic feet per day.
This achievement reflects the company’s efforts to continue contributing to the increase in national production.