OUR BUSINESS

     

 

  
 

 

      

 

  
 

Semberah TAC

 
Reserves & Resources
Reserves
Contingent
 
1P
2P
3P
Resources
Oil (mmbbls)  
3
13
33
-
Gas (mmboe)  
3
9
29
-
Total (mmboe)  
6
22
62
-
 
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$ 0.1 mn = 1 mmboe
  US$ 0.5 mn = 5 mmboe
  US$ 0.75 mn = 10 mmboe
  US$ 1 mn = 15 mmboe
  US$ 1.5 mn = 20 mmboe
Abandonment fund  
 
 
   
   
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