OUR BUSINESS
Gelam TAC
Gross Reserves & Resources
Reserves
Contingent
1P
2P
3P
Resources
Oil (mmbbls)
1
5
50
-
Gas (mmboe)
-
-
-
67
Total (mmboe)
1
5
50
67
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
48%
Production bonus
Abandonment fund
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