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PT Aserra Petrolindo Gemilang

PT Aserra Petrolindo Gemilang (APG) led a consortium that was awarded 20-year management concession of the West Kampar Work Area in Central Sumatra by ESDM in November 2022. The West Kampar block has one producing oil field, the Pendalian Field, with 10.5 MMBO of oil reserves. The consortium has put up its committed capital of USD 32.6million and a signing bonus of USD 500,000 for the first five years of exploration and exploitation activities.

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