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Ophir Energy likely to start exploration drill in West Papua IV

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Ophir energy acreage in Indonesia – IST

Jakarta, JubiOphir Energy Indonesia (West Papua IV) Ltd and Ophir Energy Indonesia (Aru) Ltd, are likely to carry out drilling of exploration and appraisal wells in the first quarter in its deep-water working area in eastern Indonesia.

“Initially, we plan to conduct the (exploration) drilling this year, but it looks like to be realized early next year,” Ferdinandus Tetro, external relation officer of Ophir Indonesia midst May 2017.

Ophir has a 49.9% operated interest in the West Papua IV Block and a 60% operated interest in the Aru Block covering a gross area of 5,701 km2.

Ophir said it has completed the 3D seismic survey on the West Papua IV and Aru licenses in the fourth quarter 2016.

Asking about the results of the seismic survey, Tetro said Ophir is currently evaluation the results of the survey.

In its website, Ophir said this is a deep water oil play within the Miocene-aged, New Guinea platform carbonate, with the potential to contain in excess of a billion barrels recoverable.

“Once this has been fully processed and interpreted, we will determine whether to move ahead and drill in the Q4 2017-Q2 2018 window,” it said.

The wells to be drilled will be between 2,500 and 3,500 meters measured depth.

Ophir Energy acquired the West Papua IV and Aru Blocks from Canadian oil and gas company Niko Resources Limited in 2015. (*)

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Economy

Papua Bangkit Stadium will ready in March 2019

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Papua Bangkit Stadium. – Jubi/Alex

Jayapura, Jubi – Sports Department of Papua Province is targeting the construction of Papua Bangkit Stadium which meets the FIFA standard located in Kampung Harapan, Jayapura Regency will finish in March 2019

Meanwhile, the Department Head of infrastructure management of Sports and Youth Provincial Office Bernard Sitorus claimed the construction has 97 per cent finished. It only needs small finishing works.

We continue to push our works, so it would be ready when President Widodo come for its launching,” Sitorus told reporters in Jayapura on Thursday (24/1/2019).

This 45,000-capacity stadium that spent approximately IDR 1.3 trillion of Papua Provincial Budget would be one of the biggest stadiums built in the eastern Indonesia region.

Separately, Dolly Abu Zain, the Site Engineering Manager of PT PP Tbk, added to accelerate the construction, approximately 900 workers were involved in this project, and some facilities including LED and electronic scoreboard have already been installed.

Meanwhile, the instalment of paving blocks for road access to the stadium has 100 per cent completed, as well as the roof installation. Now the homework left is to finish the instalment of the synthetic track.

“Meanwhile, it only needs small finishing works for the inside of the stadium. All chairs (for the audience) already installed,” said Dolly. (*)

 

Reporter: Alexander Loen

Editor: Pipit Maizer

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Economy

Governor’s objection to Freeport not be regarded as a political decision

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The illustration of Freeport Indonesia’s mining area.- Jubi/IST

Jayapura, Jubi – Papuan Parliament member of Commission I Yonas Nusy expect people do not regard the Papuan governor’s decision to object the letter of the Environment and Forestry Ministry on the recommendation of 1000 hectares of lands to Freeport for mining exploration from the political perspective.

“The governor’s decision should not be regarded as a political objection, but it’s more to his attempt to protect the protected forest area and Lorentz National Park,” said Nusy on Wednesday (23/1/2019).

Besides, according to him, the expansion of Freeport’s mining exploration areas should be further discussed with the customary landowners. “Even though Papua is part of Indonesia, this land (Papua) is the land of indigenous. Therefore, its customary law should be respected,” he said.

Meanwhile, Papuan Regional Secretary Herry Dosinaen said about Papuan Governor’s response on the ministry’s letter to permit 1000 hectares of land for Freeport’s mining area concession.

“Last time they asked for 2800 hectares, and now more 1000 hectares. But the governor refused it,” said Dosinaen.

He said the reason behind this objection is because the area is part of the forest conservation area and Lorentz National Park that is protected by the government. (*)

 

Reporter: Arjuna Pademme

Editor: Pipit Maizier

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Economy

Freeport’s tax debt affects Papuan Regional Budget 2019

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The illustration of tax payment. -Jubi/IST

Jayapura, Jubi – Papuan Primary Regional Budget (APBD) 2019 reportedly decreased to IDR 13.9 trillion from IDR 14.142 trillion last year due to Freeport’s tax debt on the water surface.

Papuan Provincial Secretary Hery Dosinaen said the tax debt affected the decline of provincial income that then droved to the decrease of the total revenue of the main provincial budget.

“Provincial revenue has decreased because we cannot meet our target due to the delayed tax payment by Freeport,” said Dosinaen in Jayapura.

However, the provincial government said they would not negotiate with the company about this late payment. Further, the governor refused Freeport to pay their tax based on goodwill but their income and profits. “This has caused the out-target payment. Even the plenary to discuss the water surface tax 2017-2018 is still running until now,” he said.

Meanwhile, the First Vice Chairman of Papua Parliament Edoardus Kaize said Papua Provincial Budget 2019 consists more than IDR 895.8 billion in local incomes, more than IDR 4.4 trillion in a balanced fund, and IDR 8.6 trillion in net revenue.

“However, the regional expenditures were more than IDR 13.8 trillion consisted of IDR 6.6 trillion of indirect expenditures, IDR 7.2 trillion of direct expenditures and IDR 50 billion of budget surplus,” said Kaize. (*)

 

Reporter: Alexander Loen

Editor: Pipit Maizier

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