Dart Energy International Pte Ltd (a wholly owned subsidiary of Dart Energy Limited has been awarded the Bontang Bengalon coal bed methane block in East Kalimantan, Indonesia.
A Production Sharing Contract (PSC) for the block is expected to be signed with the Indonesian government within 1-2 months.
The Bontang Bengalon block is located in the middle part of the Kutei Basin in East Kalimantan, with a total area of 410.7 km2. The block is divided into two areas: the southern part being located adjacent to the Bontang LNG facility, and the northern part is 62km north of that facility and adjacent to the Sangatta West PSC, in which Dart is a net 24% participant and joint operator.
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Dart Energy Limited
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