Prediction oil resources at Blok Cepu will be reaching 250 million barrel
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (234) • February 24th, 2008
Exxon Mobil and Pertamina has prediction that oil resources at Banyu Urip (Cepu) having almost 250 million barrel and of course it will be needed by Government of Indonesia to cover our oil needed in the future.
As we know that the total investment to explore oil resources at Blok Cepu will be reaching Rp. 35 trillion, but currently it was distribute only Rp. 4 trilion by Government.
From the total investment Rp. 35 trilion, PT Pertamina Eksplorasi Produksi (EP) Cepu will invest 45%, Exxon Mobil will invest 45%, and local Government of Centre Java, Blora, Bojonegoro invest 10%.
Government very optimistic that oil resources at Blok Cepu will be reaching the capacity about 165.000-175.000 barrel/ day in the next 2011. Currently, Banyu Urip has reaching the capacity about 20.000 barrel/ day (www.okezone.com).
Topic: Business, Government, Invesment, News
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