A consortium of PT. Alamjaya Makmur Sejahtera and PT. Bahari Lines Indonesia is managing the program.
Immediately following completion (estimated at the end of this month), PT. CGG Services Indonesia is due to acquire 400 sq km (154 sq mi) of3D seismic data.
KrisEnergy was awarded a 95% operated interest in the Sakti PSC in February. The Sakti exploration block covers 4,974 sq km (1,920 sq mi) in the East Java Sea over the western margin of the East Java basin, Bawean Arch, and the Muriah Trough.
It is also adjacent to the Bulu PSC, where the company has submitted a development plan for the Lengo gas field, with a view to supply the East Java market.