Related Articles
Forward article link
Share PDF with colleagues

Indonesian CBM potential overlooked by investors

Indonesia's coal-bed methane (CBM) potential has been largely overlooked by investors, leading one prominent unconventional gas consultancy to describe it as a "stealth sleeper play"

That could be about to change with Santos, a major Australian CBM developer, picking Indonesia for its first overseas investment in the unconventional sector, Scott Stevens, senior vice president of Advanced Resources International (ARI), told the 2013 Association of International Petroleum Negotiators conference. The Indonesian CBM play offers excellent geology, good market conditions, as well as government support, said Stevens, who is also chairman of Indonesian-focused explorer CBM Asia. Indonesia's CBM deposits are characterised by high gas saturation and permeability, like the US and Australia's prolific CBM reservoirs. Stevens believes that the development of Indonesia's CBM sector

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad