“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, May 19, 2010

Govt names winners of 14 oil, gas block tenders

Antara News, Saturday, May 15, 2010 00:08 WIB

Jakarta (ANTARA News) - The government has named the winners of contracts on 14 oil and gas blocks offered in the second phase of its 2009 tendering-out program, an Energy and Mineral Resources Ministry official said.

The 14 blocks consisted of 11 offered through direct tenders and three through regular auctions, Edy Hermantoro, the ministry`s upstream oil and gas director, said here on Friday.

"The auction results this time are quite encouraging particularly those of the blocks offered through direct tenders," he said.

The promising bids for the blocks were inseparable from the improved global economy and the favorable oil price of US$80 per barrel, he said.

The auction results also indicated that Indonesia was still a promising investment destination including in the oil and gas sector, he said.

"The other indication is that such experienced companies as Black Gold and Respsol are among the tender winners. Repsol came back to Indonesia after leaving in the 1990s," he said.

He said only three bidders for 12 blocks put to regular auctions were named winners.

"This is because of risky regions so comprehensive knowledge of geology is needed," he said.

The other cause was a relatively short time so that it influenced the bidders` evaluation, he said.

"In the next tenders we will give investors enough time so they can make a comprehensive study," he said.

The winners of the blocks offered through direct tenders are PT Sargas & Vega for Puri Block, Cakra Nusa Darma (SKKMG) Ltd for Sakakemang Block, a consortium of Komodo Energy LLC-Niko Resources (Overseas XI) Ltd for Sunda Strait I Block, a consortium of PT Baruna Recovery Energy-Awe Ltd for North Madura Block, a consortium of PT Bumi Hasta Mukti-Fortune Empire Group Ltd for Mandala Block, PT Leogryph Indonesia for Karapan Block, PT Kalisat Energi Nusantara for Long Hubung Long Bagun Block, PTT Exploration and Production Public Co Ltd for Malunda Block, and a consortium of Talisman (Asia) Ltd-PTT Exploration and Production Public Co Ltd for South Mandar, Sadang, and South Sageri Blocks.

The winners of three blocks offered through regular auctions are a consortium of Repsol Exploracion SA-Niko Asia Ltd for Cendrawasih Bay II Block, and a consortium of Black Gold Ventures LLC-Repsol Exploracion SA for Cendrawasih Bay II and Cendrawasih Bay IV Blocks.

A total of 24 blocks were put to the second phase of tenders in 2009, consisting of 12 blocks offered through direct tenders and 12 blocks through regular auctions.

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