Indonesia Awards 5 New Oil And Gas Blocks; 4 CBM Blocks -Official

Indonesia Friday awarded five new oil and gas blocks and four coal-bed methane blocks to investors, as the government seeks to boost energy supply.

Director General of Oil & Gas Evita Legowo said that the government awarded the Gurita oil and gas block to Natuna Ventures B.V., South Betung to Techwin Energy Ltd., South Sumatra to Cooper Energy Ltd. (COE.AU), Marquisa to PT Schintar and Sembilang to PT Mandiri Panca Usaha.

The government also announced the winners of a tender to extract gas from coal beds in Kalimantan and Sumatra, Legowo said.

She said that the Kapuas block was awarded to a joint venture between BP PLC (BP) and PT Transasia Resources, Kutai Timur to a joint venture between Total SA (TOT) and Senyiur CBM Inc., Kutai Barat to PT Sugico Graha and Sijunjung to a consortium formed by PT Tambang Batubara Bukit Asaam (PTBA.JK) and PT Lion Global Energi.

-By Deden Sudrajat; contributing to Dow Jones Newswires; 62-21 39831277; I-Made.Sentana@dowjones.com

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