Java Sea PSC extension

摘要

AziPac has been given a four-year extension to the North Madura Production Sharing Contract (PSC) in the Java Sea offshore Indonesia. The Indonesian government handed AziPac the extension to the original exploration period effective 18 May. The company will start an exploration campaign, including the acquisition of broadband 3D seismic, later this year and an exploration well is planned for late 2017.