kesian 851815, now trailing in a wrestling maztch; fam now on top of him.. and the crowd is cheering her to remove his pantee!!!! chia yoo,chia yoo fam!!!!!
Bagus,as far as I am concerned,there is no wrestling except jail term being spelt out for the sex maniac,851815.Soon he will expose his batang to all bcos he has gone crazy then will reside in Tanjung Rambutan Hospital for the good of society.
Wah Enjoy clip the parang I dont know who b in jail. Tanjung Rambutan Hospital.is 4 gone crazy no stop open legs 2 stay. Batang only old lady like 2 c that why she talk batang here...
abanglongPEKIDA3line Pepek fam kasi drill satu kali baru diam 27/10/2015 10:01 --------------------------------------------------- 851815 akan dalam coma selepas itu, baru boleh diam!!!!! kikiikiki!!!!!!!
Just a hopeless counter bcos dirty people are manipulating it,it was downtrend even Bursa moves 120 points.Let t crooks lose their pants,avoid this couter.
The government may take only a 1 percent share in the production sharing contract (PSC) with coal bed methane (CBM) developers to attract investors and boost the non-conventional gas project.
The Energy and Mineral Resources Ministry is preparing a new scheme for CBM blocks to use a sliding scale mechanism starting from only 1 percent for the production of up to 5 billion British thermal units per day (bbtud)
“When the production increases, the government’s share will also be higher. This will be applied on new contracts, but there will be regulations for the transition period [from the previous contract],” the ministry’s director general for oil and gas IGN Wiratmaja Puja said.
Indonesia now applies a PSC scheme for its oil and gas block development projects. For gas projects, the split between the government and the contractor is usually 70 percent to 30 percent, which is also applied for CBM blocks at present — drawing criticism that the non-conventional blocks have special characteristics and should be treated differently.
By making the split between the government and the contractors progressive, the government expects that CBM development will be more attractive for developers.
“The progression is aimed at giving a good pay-back period for investors because the development of non-conventional gas takes time and developers have to go through de-watering process and low output in the beginning,” Wiratmaja said.
A regulation regarding the new scheme is currently being deliberated and is expected to be rolled out soon, according to Wiratmaja.
He added that the oil and gas office had a production target of around 100 million standard cubic feet per day (mmscfd) within 5 to 10 years period following the implementation of the new scheme.
“We will see the start of big production in 2025. We hope that contractors of the current 54 blocks will start drilling following the new policy,” Wiratmaja said.
The country is estimated to have significant CBM potential, with an estimated 453 trillion cubic feet (tcf) in CBM reserves. Since 2008, as many as 54 working areas for CBM development have been approved. However, the complexity of the development and a number of issues have hampered the projects.
Under the previous more ambitious target, the government planned to see a CBM production of 500 mmscfd in 2015, which was later reduced drastically to 8.9 mmscfd. The production in 2014 was only around 0.625 mmscfd. _________________________________
NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, disclosed Thursday the conditional Share Purchase Agreement (SPA) with Dart Energy International Ltd. (Dart) May 20 to acquire 100 percent of the issued share capital of Dart Energy (Indonesia) Holdings Pte Ltd. (Dart Indonesia).
Dart Indonesia, through its group controlled companies (Dart Indonesia Group), has a participating interest in the following Production Sharing Contracts (PSC), and joint evaluation (JE) covering 186 and 602 square miles (482 and 1,559 square kilometers):-
45 percent participating interest in Tanjung Enim coal bed methane (CBM) PSC, South Sumatra 50 percent participating interest in Muralim CBM PSC, South Sumatra 100 percent participating interest in Bontang-Bengalon CBM PSC, East Kalimantan; and rights to the JE of Bungamas CBM, South Sumatra The acquisition of Dart Indonesia is for a cash consideration (Consideration) of $1 million to be funded from NuEnergy's available cash.
DART INDONESIA GROUP CBM ASSETS Tanjung Enim PSC
Tanjung Enim PSC is located in Muara Enim Regency, South Sumatra Province. This PSC was awarded by SKK Migas (formerly known as Badan Pelaksana Usaha Hulu Minyak dan Gas/Implementing Body of the Oil and Gas Upstream Activities) (BP Migas) Aug. 4, 2009 for 30 years. The exploration period under the PSC is 6 years up to August.
The contract area comprises a total of 121 square miles (313 square kilometers) containing an average of 213 feet (65 meters) to 230 feet (70 meters) net coal thickness, low rank coal seams ranging in depth from 984 feet (300 meters) to 2,297 feet (700 meters) with an average reported gas content of 120 standard cubic foot (scf)/ton. With these geological and technical parameters, Tanjung Enim PSC is among the CBM PSCs in Indonesia which hava high potential for commercial CBM development and is close to existing oil and gas infrastructure and markets.
Muralim PSC
The Muralim PSC was awarded Dec. 3, 2010 for 30 years. The exploration period under the PSC is 6 years up to December 2016.
The Muralim PSC is located in 3 regencies, namely Musi Rawas, Lahat and Muara Enim. The contract area comprises a total of 322 square miles (835 square kilometers). Wells drilled in mid-2012 have indicated average net coal thickness of around 95 feet (29 meters) to 98 feet (30 meters), low rank coal seams ranging from depth of 1,640 feet (500 meters) to 2,297 feet (700 meters) with an average gas content of 105 scf/ton. Muralim PSC is located adjacent to Tanjung Enim PSC, which is also among the CBM PSCs in Indonesia which have high potential for commercial development.
Bungamas Joint Evaluation
In 2014, Bungamas Joint Evaluation was awarded by the Indonesian Government to a consortium of Dart Indonesia, Bungamas International Co., PT Bukit Asam (Persero) Tbk and PT Mantra Energy Services for the application of a CBM PSC in the Bungamas area. The Bungamas area is located adjacent to Tanjung Enim PSC and Muralim PSC. The Bungamas Joint Evaluation covers an area of 186 square miles (482 square kilometers). The joint evaluation was completed Feb. 13, 2015 through co-oepration between the consortium and the University of Trisakti representing the Indonesian Government and is currently pending a direct offer for a PSC by the Directorate General of Oil and Gas.
The Chairman of NGY, Kok Keong Kong, commented:
"NuEnergy is expected to boost its PSC positions in Sumatra by integrating Dart Indonesia's PSCs and NuEnergy's PSCs to potentially oeprate a large scale CBM development which is unprecedented. We believe these PSC assets are potentially world class CBM plays and can be commercialized quickly, thereby providing early benefits to our shareholders."
NuEnergy has consulted with ASX regarding the chnage in nature or scale of NuEnergy's activities for this acquisition under ASX Listing Rule 11.1 and has been advised that ASX Listing 11.1.2 and 11.1.3 do not apply whereby shareholders' approval is not required.
NuEnergy intends to focus solely on its PSCs in Indonesia. NuEnergy currently has three core PSCs in South and Central Sumatra, Indonesia, covering 1,861 square miles (4,819 square kilometers). NuEnergy is the operator of all three as follows:
Muara Enim (40 percent participating interest) Muara Enim II (30 percent participating interest) Rengat (100 percent participating interest) Muara Enim PSC is the highest priority with 3 wells already drilled, logged and cored to evaluate the potentiality of the gas production. These wells have been converted to pilot production wells. NuEnergy is expected to commence drilling in Rengat during thequarter and Muara Enim II in the next quarter.
Indonesia’s natural gas market is characterized by a low level but quickly growing domestic consumption rate and a large export segment (largest in Asia).
In 2010, 50% of Indonesia’s gas was exported mostly to North Asian markets in the form of LNG, a level that fell from 62% the previous 10 years. Conventional gas sources are failing to meet export demand is part of the reason for the higher portion of domestic consumption. The Arun LNG export facility with a capacity of 12.3 MMtpa is expected to shut down in 2014, whereas the Bontang LNG facility with a capacity of 22.3 MMtpa is currently operating at 75% utilization. Both facilities face a shortage of gas supply.
Domestic consumption has risen over a 100% for the 10 years to 2010. The rise is a function of Indonesia’s strong economic growth – likely to reach a USD1.0 trillion GDP level by the end of 2012 – and its low per capita gas consumption level. On a per capita basis Indonesia’s gas consumption rate of 6.1 Mcf/y falls between Bangladesh and Pakistan despite Indonesia’s much higher level of GDP per capita. Thailand, a net gas importer at a relatively similar level of economic development, consumed 23 Mcf/capita in 2010 – 3.7 times Indonesia’s consumption rates.
Indonesia’s low level of domestic gas consumption results from its history of reliance on cheap oil sources (Indonesia was an OPEC member until 2007). A significant level of Indonesia’s power capacity is fuel oil or diesel based and often at subsidized price levels. As oil subsidies wane and economic growth continues, gas will gain share within Indonesia’s strategic fuel mix.
abanglongPEKIDA3line Fam u memalukan org tua yg kurang berotak.jadi pls acting like an adult.dont be a joke 27/10/2015 11:11 ------------------------------ kikiki
kesian 851815!!! after losing his pantee in the wrestling match on the bed.. he is now less smart than ayamtua!!!! fam, did u see his batang? kikiki!!!!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2015-10-26 22:30 | Report Abuse
Leo218,don't play play with dangerous weapons in Malaysia,you can land yourself in police station for possessing them i.e the parangs.