buuuuuu.. seee.. tttttttttttt..... BARU AJA kmrn ENRG diancurin, langsung byk berita JELEK beredar...baru hari ini ditarik 20%, TIBA-TIBA banyak berita BAGUS dimana-mana...
On Fri, Jul 25, 2008 at 7:01 PM, Anggur Red <[EMAIL PROTECTED]> wrote: > New gas sales contract at a higher price - ALERT *Rp730 (intraday)* > > 25 July 2008 > > *Exploration & Production* > > *Ami Tantri*AC > > (62-21) 5291-8575 > > [EMAIL PROTECTED] > > PT J.P. Morgan Securities Indonesia > > *www.morganmarkets.com* > > *See page 2 for analyst certification and important disclosures, including > non-US analyst disclosures.* > > JPMorgan does and seeks to do business with companies covered in its > research reports. As a result, investors should be aware that the firm > > may have a conflict of interest that could affect the objectivity of this > report. Investors should consider this report as only a single factor in > > making their investment decision. > > • Energi Mega Persada (EMP) has recently signed a gas sales and > > purchase agreement (GSPA) with VICO (Virginia Indonesia) in > > Kalimantan . EMP, from Semberah TAC block, would sell 3.65 > > billion cubic feet (Bcf) or 10 million cubic feet per day (MMcfd) > > of gas to VICO at an average price of US$5.9/MMbtu (million > > British thermal unit). > > • The contract is for one year gas supply. The price of > > US$5.9/MMbtu is higher than the recent contract at > > US$4.1/MMbtu for Kangean gas. This price level can be renegotiated > > upon the contract extension. > > • Semberah block also produces 1,000 bopd (barrels of oil per day) > > and sells 10 MMcfd of gas to PLN (Perusahaan Listrik Negara), > > state owned power company, in Tanjung Batu, Kalimantan . > > • In 1H08, EMP produced around 10,200 Bopd of oil and 86MMcfd > > of gas. The company is targeting production of 17,400 Bopd of oil > > and 88 MMcfd of gas in FY08E, which we believe to be very > > aggressive. However, EMP is confident in achieving the oil > > volume target with more production from Kangean, assuming that > > they get the FSO (floating storage oil) in operation by October > > 2008. > > • EMP's largest development is in the Terang Sirasun Batur (TSB) > > fields in Kangean block. The company expects first gas from these > > fields to start following in 1H10 for 300MMcfd. > > > >
