Indonesia Lengo plan gets OK

摘要

KrisEnrgy reports that the Indonesian goernment has approved the development plan for the Lengo gas field in the Bulu Production Sharing Contract(PSC)offshore East Java, The green light means that KrisEnergy can start negotiations for gas sales agree-ments with potential customers. The Bulu PSC covers 697sq km in three separate areas–Bulu A,Bulu B and Bulu C–over the East Java Basin in water depths of 50-60m(164-197ft).The Lengo gas discovery is located in the Bulu A area and will be developed via four development wells and an unmanned wellhead platform.