Pertamina Finds New Oil Reserves In South Kalimantan

Tanjung, S Kalimantan, May 29 (Antara) - Pertamina EP said it has found new oil and gas reserve in the Sungai Jaing area of the Tabalong regency , South Kalimantan. The subsidiary of state oil and gas company PT Pertamina is now seeking local permit and principle license from the Tabalong district administration, company`s spokesman Ruspandi said. The location permit and principle license are required before starting drilling , Ruspandi said here on Wednesday. Earlier, Himawan Djatmiko, an assistant law and community manager of Pertamina EP said Sungai Jaing in the sub-district of Pugaan, is a new operational area as so far the company had concentrated explorations only in the sub-districts of Tanta, Tanjung and Murung Pudak. "In its ambition to boost production, Pertamina EP expanded operation including to the sub-district of Pugaan," Himawan. Pertamina EP has explored three new wells in the sub-districts of Tanta and Murung Pudak, as part of its plan to have 7 additional wells in 2013. With the additional wells, Pertamina EP hopes to turn out 5,000 barrels of crude oil per day in that area .