Bloomberg News

Pertamina Boosts Crude Output From Northwest Java, IOD Says

November 14, 2012

PT Pertamina, Indonesia’s state- owned oil company, is producing 40,000 barrels of oil a day at its Offshore Northwest Java block, the International Oil Daily reported, citing a company statement.

The company has nearly doubled output since 2009, when it assumed ownership of the block from BP Plc. (BP/) It is drilling more development wells and improving production facilities and sub- sea pipelines, IOD reported. Four more exploration wells are planned by early next year, IOD said.

To contact the reporter on this story: Jacob Adelman in Tokyo at jadelman1@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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