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Indonesia: NuEnergy discovers gas in the Muara Enim PSC 25 Jan 2021 NuEnergy Gas has received an Acknowledgement Letter (AL) from Indonesia’s Special Task Force for Upstream Oil and Gas Business Activities ( SKK Migas ) that: i) confirms the discovery of natural gas in the Muara Enim Production Sharing Contract ( PSC) area; ii) acknowledges the completion of the exploration firm commitments by NuEnergy in respect of the Muara Enim PSC; and iii) allows NuEnergy to submit a plan of development (POD) within the next 3 years from 18 January 2021. This represents a positive step in NuEnergy’s ongoing strategy to develop the Company’s Coal Bed Methane assets in South Sumatra and demonstrates a solid level of support from the Indonesian Authorities keen to see the development of unconventional gas within Indonesia.

Jawa baratSouth sumatraSumatera selatanQian wangIndonesia special task force for upstream oilCompany coal bed methaneNuenergy gasAcknowledgement letterSpecial task forceUpstream oilGas business activitiesMuara enim production sharing contractCoal bed methaneIndonesian authoritiesChief executive officerE ampp news