Puri Block was awarded by the Government of Republik Indonesia and BPMigas to PT.- Sargas & Vega on May 18th, 2010 through a Joint Study scheme. Puri Petroleum Resources Limited is the operator of the Puri Block.
Puri Block covers an area of 1757.70 sq.km2 in the Riau Province covering the Southern portion of the prolific Central Sumatra Basin. The Block lies in the Southern end of Lirik and Parum oilfield trend as well as Merbau and Binio oilfield trend.
Previous operators in the Puri Block include Stanvac, Total Indonesie and Shell BV. Our internal studies revealed that only 2 (two) out of 8 (eight) wells drilled by previous operators are dry wells. The rest are either discovery wells or wells with gas and oil shows from mudlogs and petrophysical analysis.
We strongly believe that with new (additional) seismic data and drilling exploratory wells, new oil and gas accumulations could be found in the Puri Block.
Puri PSC Contract Signing
PIPRL PSC Location