1. ANNOUNCEMENT THE FIRST INDONESIA PETROLEUM BIDDING ROUND 2005
DEPARTMENT OF ENERGY AND MINERAL RESOURCES DIRECTORATE GENERAL OF OIL AND GAS

2. REGULAR TENDER : 14 BLOCKS
TODAY’S TENDER ROUND
REGULAR TENDER : 14 BLOCKS
DIRECT OFFER : 13 BLOCKS

3. (Regular and Direct Offer Tender)
I N D O N E S I A
ACREAGE TO BE OFFERED
(Regular and Direct Offer Tender)

4. (BPMIGAS & Contractor)
REGULER TENDER
Blocks are prepared and designated by Migas and offered through tender. Evaluation period from announcement date to bid submission is 5-6 months.
1. Announcement
Special announcement of the new offered working acreage. 1 1
Bid Invitation
Announcement
2. Bid Invitation
Invitation will be disseminated to all companies through our home page at 2 2
Bid Invitation
Bid Invitation
3. Bid Information 3 3
Bid Information
Bid Information
It contains the information of the tender process including instructions to the tender participant. The tender participant must purchase the Bid Information at MIGAS 4 4
Data & Information
4. Data & Information
It is mandatory that any tender participant will have to purchase an official Government a data package through and set by MDM prior to submitting the tender document. 5 5
Clarification Forum
Participation
5. Clarification Forum
6. Bid Participation 6 6
Bid Evaluation
Bid Participation
The tender participant should submit the entire tender document before or on the closing date of the tender 7
Determination of the 7
Bid Evaluation
Winning Bidder
7. Bid evaluation
The tender Team evaluates the Submitted document based on the technical analysis, financial outlay and commitment ( such as signature bonus ), and especially the firm commitment of the Work Program as proposed by Bidder
Determination of the 8 8
Successful Bidder
8. Determination of the Winning Bidder
Based on The Tender Team Recommendation, The Director General of Oil and Gas appoints the successful Bidder
Contract Signing 8 9
(BPMIGAS & Contractor)
9. Contract Signing
BPMIGAS and the successful Bidder will sign The Cooperation Contract

5. ACREAGE TO BE OFFERED YEAR 2005-2006
I N D O N E S I A
ACREAGE TO BE OFFERED YEAR
(REGULAR TENDER) 1 2 3 4 5 6 7 8 9 10 11 12 13 14
LEGEND:
Cakalang Block
Krapu Block
Baronang Block
Lampung-I Block
Lampung-II Block
East Bawean-I Block
East Bawean-II Block
Damplas Block
Baleisang Block
Sarumana Block
Pasangkayu Block
Buton-I Block
Buton-II Block
Kamrau Block

6. WEST NATUNA AREAS

7. OFFSHORE LAMPUNG AREAS

8. EASTERN JAVA AREAS

9. MAKASSAR STRAIT AREAS

10. SOUTH EAST MAKASSAR AREAS

11. WEST PAPUA AREAS

12. FISCAL TERM AND CONDITION FIRST ROUND REGULAR TENDER YEAR 2005
(1) NO
BLOCK
LOCATION
SIZE
(Sq Km)
GOVERNMENT TAKE (%)
CONTRACTOR TAKE (%)
INVESTMENT CREDIT
AFTER TAX
FIRST TRANCHE PETROLEUM
OIL
GAS 1 2 3 4 5 6 7 8 9 10
CAKALANG
OFF. NATUNA
4,495.35 75 60 25 40 -
KERAPU
5,640.00
BARONANG
5,137.86
EAST BAWEAN I
OFF. JATIM
4,199.00 80 65 20 35
EAST BAWEAN II
4,254.59
LAMPUNG I
OFF. LAMPUNG
4,238.75 70 30
LAMPUNG II
4,139.70
BUTON I
ON/OFF. BUTON
6,257.00
80 **)
BUTON II
6,231.19
DAMPLAS
MAKASSAR STRAIT
6,391.70

13. FISCAL TERM AND CONDITION FIRST ROUND REGULAR TENDER YEAR 2005
(2) NO
BLOCK
LOCATION
SIZE
(Sq Km)
GOVERNMENT TAKE (%)
CONTRACTOR TAKE (%)
INVESTMENT CREDIT
AFTER TAX
FIRST TRANCHE PETROLEUM
OIL
GAS 1 2 3 4 5 6 7 8 9 10 11
BALEISANG
MAKASSAR STRAIT
5,461.00 65 60 35 40
80 **) 12
PASANGKAYU
4,707.63 13
SURUMANA
5,339.63 14
KAMRAU
ON/OFF. WEST PAPUA
5,256.66
15 *) -
*) First Tranche Petroleum (FTP) 15 % is shared between the parties in accordance with the sharing split
**) For oil and gas dev. for water depth > 1000 m

14. DIRECT OFFFER
All Companies applying for the block through the direct offer mechanism shall propose and conduct presentation to Migas, covering technical assessment of the block potential and company profile.
Evaluation period from announcement date to bid submission is one (1) month.
Two (2) types of Direct Offer Mechanism:
- propose for existing unsold blocks
- propose for certain open area w / w.o joint study.

15. PROPOSALS BY INTERESTED COMPANY
FLOW CHART OF DIRECT OFFER TENDER
a. AVAILABLE BLOCKS
Remaining and available blocks (unsold blocks) from previous tenders. The terms for the blocks remain the same as set at the time of the previous tender.
b. PROPOSED BY INTERESTED COMPANY
Blocks are prepared and proposed by interested company. Migas will evaluate the proposal and prepare the terms & condition.
c. JOINT STUDY BY INTERESTED COMPANY
Blocks are prepared and designed based on the result of joint study between Migas and Interested Company
AVAILABLE BLOCKS
(UNSOLD BLOCKS)
PROPOSALS BY INTERESTED COMPANY
Announcement
Bid Evaluation
Awards
Contract Signing
BID INFORMATION
DATA PACKAGE
JOINT STUDY BY
INTERESTED COMPANY

16. I N D O N E S I A
DIRECT OFFER

17. SUMATRA AREAS

18. JAVA & KALIMANTAN AREAS

19. ARAFURA SEA AREAS

20. FISCAL TERM AND CONDITION FIRST ROUND DIRECT OFFER TENDER YEAR 2005
(1) NO
BLOCK
LOCATION
SIZE
(Sq Km)
GOVERNMENT TAKE (%)
CONTRACTOR TAKE (%)
INVESTMENT CREDIT
AFTER TAX
FIRST TRANCHE PETROLEUM
OIL
GAS 1 2 3 4 5 6 7 8 9 10
LHOKSEUMAWE
NAD
5,908.24 75 60 25 40
110
WEST KAMPAR
RIAU
4,471.31 85 65 15 35 -
BUNGAMAS
SOUTH SUMATRA
2,231.86 80 20
BENGKULU
6,276.53
CITARUM
WEST JAVA
4,440.32
N.E. MADURA V
EAST JAVA
3,785.10
NORTH BALI II
3,954.38 55 45
EAST KANGEAN
5,448.00
TARITIP
MAKASSAR STRAIT
4,150.00
15 *)
80 **)
SEBATIK
EAST KALIMANTAN
2,132.17

21. FISCAL TERM AND CONDITION FIRST ROUND DIRECT OFFER TENDER YEAR 2005
(2) NO
BLOCK
LOCATION
SIZE
(Sq Km)
GOVERNMENT TAKE (%)
CONTRACTOR TAKE (%)
INVESTMENT CREDIT
AFTER TAX
FIRST TRANCHE PETROLEUM
OIL
GAS 1 2 3 4 5 6 7 8 9 10 11
AMBORIP V
ARAFURA SEA
9,724.00 65 60
15 **) 35 40 - 12
AMBORIP VI
9,649.00 13
WAILAWI ***)
EAST KALIMANTAN
30.74
100
NOTES :
*) Divide between Government & Contractor
**) For oil and gas dev. for water depth > 1000 m
***) Cost & Fee Agreement

22. EVALUATION AND GRADING (1) (Decree of Minister of Energy and Mineral Resources No.1480/2004)
Administrative :
- The Bid document’s compliance with the provisions set forth in the Qualification of Bid Participant.
Technical :
- The Bid evaluation will primarily be focused on the first 3-year firm commitment program
- Wild cat well(s) for the first three (3) year exploration work program is required, supported with technical justification.
- Proposed geological studies in accordance to acceptable and good engineering practices.
Technical proposal shall be the most heavily weighted consideration.

23. EVALUATION AND GRADING (2) (Decree of Minister of Energy and Mineral Resources No.1480/2004)
Financial :
- The amount of the signature bonus
- Financial statements to assess the ability of the bidder to fund the exploration and exploitation programs will be evaluated
Past performances of Participant in previous Indonesian activities will be considered.

24. Accessing Data
Participants can access data to be used for technical evaluation for the purpose of submitting exploration work program.
Data Package (geological data and reports linked directly to tendered Acreages)
- Sekretariat Tim Tender Wilayah Kerja Minyak dan Gas Bumi
- Executing Agency MIGAS Data Management (MDM)
PT. Patra Nusa Data
Auxilary Data (geological data and reports related to areas outside of the tendered Acreage)
Non- Exclusive Data (geological data obtained through non-exclusive surveys
within the acreages or its immediate surrounding area)
- PT. Western Geco Indonesia
- PT. PGS Nusantara
- PT. Veritas DGC Mega Pratama
- PT. Gema Terra
- PT. Elnusa Geosains

25. New Government Policy Signature Bonus : Minimum amount is US$ 500,000.
Surety Bond : Winning bidder is obliged to submit Surety Bond in the amount of 70 % (seventy percents) of the signature bonus valid for 6 (six) months.
Value Added Tax : Government assume and discharge Value Added Tax (VAT) and import duties on material related to Petroleum Operation in PSC
Service Contract : Government will apply Service Contract (Cost and Fee) for producing block relinquished by Contractor.

26. TIME SCHEDULE REGULAR TENDER Access Bid Info : June 15, 2005
Bid Submission : November 10, 2005
DIRECT OFFER
Bid Submission : July 15, 2005
The winning bidder will be announced three (3) weeks after Bid Submission
Contract Signing will be arranged following announcement of the winning bidder

27. THANK YOU For further information, please contact :
Directorate General of Oil and Gas
Directorate Exploration and Exploitation
Attn. Secretariat of New Working Acreage of Oil and Gas Management
Plaza Centris, 1st and 7th Floor
Jalan HR. Rasuna Said Kav. B-5, Jakarta 12929, Indonesia
Phone : , ext. 137, 135, 132
Facsimile :
Htpp :