Kutei Basin

Map of Mahakam Hilir PSC Indonesia


Exploration

Mahakam Hilir PSC
Status Exploration
Location Kutei Basin, Indonesia
Working Interest 100%
Operator Cue Kalimantan Pte Ltd.
Permit Description and Activity

A 4 year extension to the exploration phase of the Mahakam Hilir PSC was received in May 2016. The extension includes 2 contingent wells in the first 2 years, which Cue can elect to drill or withdraw from the PSC.

Planning for the Naga Utara-4 well is currently underway. Cue is in discussions with the Indonesian regulator for an extension to the permit term to allow the drilling of the well.