Acquisitions and Divestitures News in Indonesia

MedcoEnergi Completes Acquisition of ConocoPhillips Indonesia Assets
3/3/2022 - PT Medco Energi Internasional Tbk (“MedcoEnergi”) announces the successful completion of the acquisition of the entire share capital of ConocoPhillips Indonesia Holding Ltd. (“CIHL”) from Phillips Int...
ConocoPhillips Announces Agreement to Sell Indonesia Assets for $1.355B
12/8/2021 - ConocoPhillips (COP) announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio.
Jadestone Energy Announces Acquisition of 10% Interest in Lemang PSC
11/24/2021 - Jadestone Energy plc ("Jadestone"), an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce the acquisition of a 10% interest in the Lemang Production ...
Premier Oil Completes Tuna Farm down
1/26/2021 - Premier is has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft. This follows receipt of Indonesian government approval.

Under the farm down agree...
Mubadala completes Farmout Interest in Andaman I & South Andaman PSCs
1/22/2021 - Mubadala Petroleum announces that it has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) to Prem...
Closing of the Lemang PSC Acquisition
12/11/2020 - Jadestone Energy Inc. (JSE) (“Jadestone”) is pleased to announce that all conditions required to complete its proposed acquisition of an operated 90% interest in the Lemang production sharing contract...
Advance Energy Announces Termination of Betun-Selo KSO Agreement
10/7/2020 - Advance Energy plc (ADV), the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, advises that, further to the operations update pro...
Oilex Limited Announce West Kampar Update in Indonesia
7/27/2020 - Oilex Limited (Oilex) is pleased to announce substantial progress has been made towards the Company’s strategic objective to regain a participating interest in the West Kampar PSC in Indonesia, which ...
Acquisition of Operated 90% Interest in Lemang PSC
6/29/2020 - Jadestone Energy Inc. (JSE) (“Jadestone”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that it has executed an acquisition agreement (the A...
Duyung PSC Acquisition Completion in Indonesia
5/22/2020 - Coro Energy plc is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung PSC (the "PSC Interest") to Coro have now b...
Coro Energy Announces Its Final Results
4/20/2020 - Coro Energy, the Southeast Asian focused upstream oil and gas company, announces its audited final results for the year ended 31 December 2019. ...
KrisEnergy Completes Disposal of Andaman II PSC
4/8/2020 - KrisEnergy Ltd. (“KrisEnergy”) refers to the announcements made by the Company on 29 October 2019 and 19 November 2019, in relation to the entry into a conditional sale and purchase agreement with BP ...
Coro Energy Provides Duyung PSC Update
2/10/2020 - Coro Energy plc provides an update in respect of the Company's 15% non-operated interest in the Duyung production sharing contract (the Duyung PSC), offshore Indonesia, which contains the Mako gas fie...
Termination of Bulu PSC Acquisition
1/31/2020 - Coro Energy plc, the Southeast Asian focused upstream oil and gas company, announces that, following the successful drilling at the Duyung PSC, the Group is pursuing its strategy to grow through acqui...
Mubadala Completes Farm Out of A 20% Interest in Two Blocks in Indonesia
1/21/2020 - Mubadala Petroleum announces that it has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) to Prem...
Eni Completes Sale of 20% Stake in the East Sepinggan Area
12/4/2019 - Eni, through its subsidiary Eni East Sepinggan Limited and Neptune Energy Group Limited, through its subsidiary Neptune Energy East Sepinggan BV, have completed the transfer of a 20% participating int...
KrisEnergy Signs Agreement with BP for the Sale of its Participating Interest in the Andaman II PSC
11/19/2019 - KrisEnergy, and together with its subsidiaries, an upstream oil and gas company, refers to its announcement dated 29 October 2019 regarding its acceptance of a binding letter of offer for the disposal...
KrisEnergy to Sell Its Interest in the Andaman II PSC
10/29/2019 - KrisEnergy has accepted a binding letter of offer by a major international oil and gas company for the disposal of a 30% non-operated working interest in the Andaman II production sharing contract (PS...
Sonoro Energy Ltd executes Selat Panjang PSC with Ministry of Energy in Indonesia
10/15/2019 - Sonoro Energy Ltd (Sonoro), through a wholly owned subsidiary company, Zamatra Bakau Straits Ltd., along with its Indonesian partner, announce that it has formally executed the Selat Panjang Productio...
INPEX Signs Amendment & Extension to the PSC for Abadi LNG Project
10/11/2019 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX Masela, Ltd, together with its joint venture partner Shell Upstream Overseas Ltd. (Shell), it has signed the Masela Block Producti...

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