CHAPTER 1
INTRODUCTION
1.1 EMP Kangean Company Profile
EMP Kangean Limited is Energi Mega Persada’s (EMP, Tbk) 100% owned
subsidiary,
EMP
Kangean
Ltd
(EMPKL), as
the
designated
operator
of
the
Kangean
Production Sharing Contractor (PSC) in East Java. Comb ined to EMP Kangean
(Exploration) Ltd. other subsidiary, EMP owns 100% participating interest of the
block and in 2004, it took over as operator from British Petroleum.
EMPKL
focus
in
process of
drilling
implementation
campaign
at
the
block
with a specific
task
on shallow
gas
development
wells at
Rancak and Ngimbang, as
well
as
oil
development
wells
at Sepanjang Island and
JS53a.
In 2005,
EMPKL
has
successfully
devoted
resources
to
the
Terang-Sirasun-Batur (TSB) development,
signed
gas
contracts
with
customers,
and obtained Plan of Development (POD)
approval
for the development of the TSB
fields. In 2006,
EMPKL remain
focused on
executing
Engineering Piping Company contracts and
moving
this project along, and
deliver first gas by the last quarter of 2007.
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