Investor Presentaiton
Award of Pase PSC - Progress
For personal use only
.
•
Initial Pase PSC expired Feb 2012
triangle energy
oil gas energy
Triangle awarded five 6-month operating extensions of Pase PSC
• The new PSC is expected to be awarded for 30 years
•Triangle and the Acehnese Government have entered into a Joint Venture to
operate a new Pase PSC
• The new Pase PSC is to be awarded under the collaborative regime between
the Indonesian Central Government and the Acehnese Government
• Acehnese Government dealing directly with Indonesian Central Government
on award of Pase PSC
• Triangle is the first foreign company to form a Joint Venture with the
Acehnese Government to operate an oil and gas field within the Aceh
Province
• The Governor of Aceh, Dr Zaini Abdullah gives the Joint Venture his full
support
5View entire presentation