Oil production in Indonesia began in the 19th century and today almost 300 contract areas are under licence, nearly 80% of which are located in the mature, oil-producing western basins where infrastructure is well developed.

Gas accounts for more than two-thirds of Indonesia’s remaining hydrocarbon reserves and its commercialisation is increasingly important in the country’s energy mix.

KrisEnergy holds a non-operated interest in the gas-condensate producing Glagah-Kambuna TAC, and operates the Kutai and East Seruway exploration blocks..