OUR BUSINESS

     

 

  
 

 

      

 

  
 

Gebang JOB PSC

 
Gross Reserves & Resources
Reserves
Contingent
 
1P
2P
3P
Resources
Oil (mmbbls)  
-
-
1
-
Gas (mmboe)  
-
1
6
20
Total (mmboe)  
0
1
7
20
 
Fiscal Terms
 
 
Profit split  
  Gas  
  Oil  
First trance petroleum 0%
Inv. credit 0%
DMO NA / 25%
Depreciation  
  Gas DB - 50% 8 yrs
  Oil DB - 25% 5 yrs
Effective tax rate 44%
Production bonus US$ 0.025 mn = first gas
  US$ 0.05 mn = 3 mmboe
  US$ 0.1 mn = 5 mmboe
  US$ 0.175 mn = 7 mmboe
Abandonment fund  
 
 
   
   
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