Bontang, Kalimantan, Indonesia
Ownership
WestSide
PT Bumi Resources
(Ownership interests to be confirmed)
About the project
WestSide has agreements with Indonesia’s leading thermal coal producer, PT Bumi Resources, to jointly explore for CSG in Indonesia.
Bumi subsidiaries, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia (Arutmin), are together, by far, the largest thermal coal producers in Indonesia.
WestSide’s alliance with Bumi gives it potential access to some of Indonesia’s premier coal deposits close to a number of the region’s largest energy consumers.
WestSide and Bumi have established a jointly-owned company, PT Seamgas Indonesia (Seamgas). Seamgas is engaged in preparing a project definition study to identify possible CSG resources at the KPC mine site in Kalimantan.
WestSide, KPC and US-based CSG consultants Advanced Resources International (ARI) have completed a Project Definition Study (PDS) assessing the CSG potential of selected areas of the 91,000 hectare KPC coal mining permit site in Kalimantan.
WestSide’s partner in Indonesia, PT Bumi Resources is completing formalities to obtain the necessary permits to enable CSG exploration at the Kaltim Prima Coal mine site.
Ultimately, WestSide expects to hold an interest in both the KPC and Arutmin CSG operations, with each joint venturer contributing equally to exploration, development and production costs.
The joint venture’s objective is to secure tenure over any CSG within Bumi’s coal areas and to investigate regional opportunities to market gas, subject to finalisation of Indonesian legislation relevant to CSG production.
Any early production could potentially be used internally within the mine operations.