Meanwhile, Minister of Energy and Mineral Resources Purnomo

Meanwhile, Minister of Energy and Mineral Resources Purnomo
Yusgiantoro witnessed on Friday the signing of contracts between
the government and nine winners of recent oil and gas exploration
tender.

The value of the nine is US$102.5 million for the next three
years on exploration activities.

U.S. energy giant ConocoPhilips won the rights to explore the
Amborip VI block in the Arafura Sea while PT Energi Timur Jauh, a
subsidiary of the second largest local oil company PT Energi Mega
Persada, got the East Kangean block in East Java.

PT Bumi Parahyangan Ranhill Energia Citarum won the Citarum
block in West Java, which was the most popular item in the first
round of tender through a direct offer -- meaning that the areas
had been proposed earlier by investors.

The government awarded the only producing block offered, which
is Wailawi in East Kalimantan, to local government-owned
enterprise Benuo Taka.