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-----Original Message-----
From: rakhmadi avianto <rakhmadi.avia...@gmail.com>
Date: Wed, 17 Oct 2012 10:11:42 
To: <iagi-net@iagi.or.id>
Reply-To: <iagi-net@iagi.or.id>
Subject: Re: [iagi-net-l] Pertamina Acquire Petrodelta SA for USD 725 Million
Bravo ... good news.... selamat buat temen2 Pertamina New Venture

Avi

On Wed, Oct 17, 2012 at 9:37 AM, rori awg <imel_r...@yahoo.com> wrote:

> Hebat PERTAMINA ya?
>
> HNR Energia BV, a wholly owned subsidiary of Harvest Natural Resources
> Inc. <http://www.harvestnr.com/>, has signed a definitive agreement to sell
> its interests in 
> Venezuela<http://www.ogj.com/articles/2012/03/harvest-negotiating-to-sell-venezuelan-interests.html>to
>  state-owned PT
> Pertamina (Persero) <http://pertamina.com/index.php/home> of Indonesia
> for $725 million (OGJ Online, Mar. 6, 2012).
>
> After costs and taxes, net proceeds from the all-cash sale will be about
> $525 million.
>
> Pertamina will acquire Harvest’s 32% interest in Petrodelta SA by buying
> HNR Energia’s 80% interest in Harvest-Vinccler Dutch Holding BV.
> The deal is subject to approval by the governments of Venezuela and
> Indonesia and Harvest shareholders.
>
> Petrodelta produced an average 32,700 b/d of oil in the first 3 months of
> 2012. It holds 274,113 gross acres in eastern Venezuela, 90% undeveloped,
> on which it operates Uracoa, Bombal, Tucupita, El Salto, El Inseno, and
> Temblador fields. Proved and probable reserves are estimated at 486 million
> boe.
>
> Salam,
> Rori
>

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