ONWJ PSC

onwjEMP acquired 18.73% effective stake in ONWJ PSC in December 2011. The oil & gas block is located in offshore west Java, and is currently owned by Pertamina (58.28%), EMP (18.73%), PT Capitalinc Investment (17.99%), and Risco-Kufpec (5%). As per 31 Dec 2015, ONWJ PSC, on 100% basis, produces 39,883 barrel oil per day and 175.8 million cubic feet gas per day. The block has 2P oil reserves of 152 million barrel of oil and gas reserves of 236.7 billion cubic feet.

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