Management of Oil Wells Sukowati Bojonegoro East Java Tuban Block

Management of oil wells Sukowati, Bojonegoro, Java
Tuban Block in the East which had 80 percent of its territory controlled
ExxonMobil, now taken over by PT Pertamina.

Kemal Nazar, Public Relations Joint Operating Body (JOB)
Pertamina-Petrochina East Java, told Antara on Sunday, admitted
the transfer of the management area of the original wells Sukowati 80
percent due controlled 20 percent of ExxonMobil and PT Pertamina and Petro
China is to Pertamina.

"It is not sold, but the right or the territory now controlled by PT Pertamina
the assignment done recently. So it was not acquired, yes
his name is still managing JOB Pertamina-Petro China East
Java, "said Kemal Nazar.

Wells in the field Sukowati, ExxonMobil has the right areas
Limited to 80 percent carry out seismic studies and research.
Meanwhile, Petro China, said Kemal Nazar, in addition to conducting research
seismic also act as operator of the field.

Kemal reluctant to specify the reason for the transfer of oil wells Sukowati field
that, if anything to do with bargaining PT Pertamina with
ExxonMobil related field operators in the oil and gas wells in the Cepu Block
Bojonegoro that until now the JOA (Joint Operation Agreement) was
not signed.

"We're also still waiting for the JOA (Joint Operating agrément) wells
Sukowati to be able to share the results already obtained, "said Kemal
Vows. Sukowati exploitation of oil wells that began in June 2005
ago, has produced 2.2 million barrels of oil more and obtained
result of 150 million U.S. dollars.

According to Kemal Nazar, the proceeds of such exploitation is still stored in
a bank in Hong Kong and can not be divided because it is still waiting
the signing of the JOA. Usman Sharif, Director Winner Center,
to Antara, said, in the management of wells Sukowati
Bojonegoro Government simply can not monitor the results
exploitation, since not included in the PI (participating Interest).

Bojonegoro government merely as a spectator, with
Thus based on the Fiscal Balance Law and the Central Government
Area for six percent of the results can not be obtained.

"Communities around the field have only limited Sukowati CD (
Comunity development) in the amount USD 1.3 billion, whereas results
been successfully extracted from the earth in Bojonegoro reach
trillions of rupiah, "said Usman Sharif. He claimed to be questioned
for results of oil wells, including the possibility of Sragen Regency
Bojonegoro can get 10 percent of the PI