Further to DEA 29 Aug â18, pre-sale conditions not fulfilled in Andalasâ announced plans to take over 25% interest in the 447-sq km Bunga Mas (Bungamas) PSC in S. Sumatra (with increases to 49% and then 100% envisaged). Deal expected to be terminated this week. Areas comprises the Bunga Mawar oilfield (45 API oil at ab. 700m). Bunga Mas block was last held by Bunga Mas Intl (op), Bunga Mas Energi and Dorato Fiore Pacifico until relinquishment in July 2017. Its current status is unclear.
Further to DEA 29 Aug â18, pre-sale conditions not fulfilled in Andalasâ announced plans to take over 25% interest in the 447-sq km Bunga Mas (Bungamas) PSC in S. Sumatra (with increases to 49% and then 100% envisaged). 