Salamander Signs Two PSCs in Indonesia

Salamander Energy has signed Production Sharing Contracts for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia.

The company is the operator of both PSCs with a 100% working interest.

Each PSC covers an area of approximately 5,500 km2 and both are located in the vicinity of the Salamander-operated Bangkanai PSC containing the Kerendan gas field development.

These new PSCs increase company’s position in one of its core areas and represent a large tract of additional acreage that will provide further growth opportunities around the Kerendan gas field, Salamander said in a statement.