Announcing a trading and operations update on January 11, Premier Oil said it had signed a sale and purchase agreement with Batavia Oil on 19 December to sell its entire 18.75 per cent non-operated interest in the Kakap field for a consideration of US$3.2 million. Completion is subject to receiving approval from the Government of Indonesia. The Kakap field was discovered by a subsidiary of Marathon Oil in 1978 and oil production commenced in March 1986. Premier acquired its interest in the Kakap field in December 1996 through the acquisition of Discovery Petroleum NL. Gas production started in 2001 and is sold under GSA1 to Singapore. Kakap consists of 10 separate fields, which have been developed with a combination of platforms and subsea tie-backs to the Kakap FPSO, from where the gas is exported to Singapore via the WNTS and the oil is exported via tankers. Premier's partners in the Kakap field were Star Energy (operator), PetroChina, and Pertamina. Original article link Source: Premier Oil 
Premier has signed with Batavia Oil for the sale 18,75% stake in the Kakap PSC for US$3,2 MM. So far Star Energy (op), partners Premier SPC (PetroChina) + Pertamina. 