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Lemang PSC

Sector: Oil and Gas • Location: Sumatra, Indonesia

Source: Financial Conduct Authority (FCA)

ProjectPrivate

Acquisition of 10% interest in the Lemang production sharing contract onshore Indonesia, which includes the Akatara gas field development. The project has an estimated 18.7 million barrels of oil equivalent (2C resource) and is expected to start production in the first half of 2024. The acquisition was completed for USD 500,000, increasing Jadestone's interest to 100%.

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Project Information

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The project “Lemang PSC” is an infrastructure initiative in the Oil and Gas sector, located in Sumatra, Indonesia. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Participants

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Description

Description

Acquisition of 10% interest in the Lemang production sharing contract onshore Indonesia, which includes the Akatara gas field development. The project has an estimated 18.7 million barrels of oil equivalent (2C resource) and is expected to start production in the first half of 2024. The acquisition was completed for USD 500,000, increasing Jadestone's interest to 100%.

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Source reliability

High

Data quality score

100%

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