Production offshore East Java, and onshore Sumatra
Cue Energy Resources 12.5%
Cue Energy Resources 15%
New Zealand Oil & Gas has had interests in Indonesia since first gaining exploration acreage there in the early 2010s.
Its interests today are through its 50.04%-owned subsidiary Cue Energy Resources, which has production from two fields.
Mahato, in central Sumatra, entered production in 2021. Sampang, in East Java produces mainly gas.
A discovery on the sampang block Paus Biru prospect is undergoing preliminary FEED studies and the joint venture is targeting FID for early 2022.