Eric Watkins
Senior Correspondent
LOS ANGELES, Feb. 15 -- Indonesia's oil and gas regulatory body BPMigas plans to meet with state oil company PT Pertamina and ExxonMobil Oil Indonesia Inc. this week to seek reasons for their failure to file a development plan for the Cepu block.
BPMigas Chairman Kardaya Warnika said the companies had failed to meet a Dec. 31, 2005, deadline for filing a plan.
"If there's no working proposal, there will be no work done nor production on Cepu," Kardaya said. "They have to start doing some work on the field this year. That's what we want."
Earlier, Indonesia's State Minister for State Enterprises Sugiharto said he expects delays in production from the Cepu Block in Central Java due to the continued disagreement over which company will operate the block (OGJ Online, Feb. 13, 2006).
Contact Eric Watkins at [email protected].
