This year the government of Indonesia will offer some 35 oil and gas working interests. Of this amount, a total of 19 working interests will be on offer through direct bidding (joint study).

The working interests has to offer are mainly located in the Eastern part of Indonesia according to info from the Director of Business Development Oil and Gas Upstream Ministry of Energy and Mineral Resources (ESDM) A Edy Hermantoro.

Till now still have not decided when ESDM tenders will be opened. However, before officially announced, the Government will assess and collect responses from potential investors of 35 working interests. The government also plans to check the availability of data, models, or the exploration concepts.

The Working interests offered through regular tender are as follows East Natuna, SE Baronang, Nias I, Nias II, Tanjung Jabung, Sunda Strait I, Sunda Strait II, and Sunda Strait III.

Then, West Kangean I, South Kangean II, SE Mandar, SW Makassar, West Sebuku, Saliki, East Tarakan, SW Bird Head and Wokam.

Meanwhile, working interests are offered through direct bidding are as follows North Sokang, NW Natuna, Gurita, Sumbagsel, Titan, Kuala Pembuang Sampit, Damar, Belayan, Bone Bay, Babar, Selaru, Yamdena, Arafura Sea II, North Arafura, Onin and North Semai.

Source: Investor Daily, April 6, 2010.