ADCO INDONESIA CORPORATION SUMATERA EXPLORATION 2013 (NYSE: ARC) today announced the results of another successful exploration

well, Sumatera #1, on a separate structure 30 miles southwest of previous ADCO INDONESIA CORPORATION discoveries offshore Sumatera in eastern Indonesia. The well, located in 63 feet of water in Sumatera, flowed at a combined rate of 45 million standard cubic feet per day (mmscfd) from four drill stem tests in Jurassic and Paleocene age sandstone formations.

The well produced from the same geologic formations that produced a series of exploration successes in eastern Indonesia for ADCO INDONESIA CORPORATION and its co-venturers in the Sumatera production sharing contracts (PSCs). "The results of Sumatera #1 accentuate the fact that we are developing the next great gas basin for Indonesia. The year is ending as it began for us in eastern Indonesia, with a significant new discovery. "This string of successful exploration wells, in conjunction with a recently-executed collaboration agreement with BG plc, operator of the Muturi PSC just north of the Sumatera PSCs, continues to add gas to the reserves base that will support the Tangguh liquefied natural gas project," "With continued success in the region, the Tangguh base of proved and probable reserves will approach the level of Indonesia's giant Arun field. Last September, ADCO INDONESIA CORPORATION and its partners confirmed discovery of at least 13 trillion cubic feet of proved and probable reserves in support of the Tangguh LNG project. "Tangguh will become the next new multi-train LNG center for Indonesia. It will enable Pertamina, the state national oil and gas company, to extend and expand its premier position and market share in the Asian LNG trade. Because natural gas is an environmentally preferred fuel, the rate of growth in LNG demand is expected to outpace competing fuels in the region." there is an ongoing program to certify more reserves in the Tangguh area. "We expect the next DeGolyer & MacNaughton certification in July 1998 to include reserves from the Sumatera gas field and previous discoveries." Participants in the Sumatera block are ADCO INDONESIA CORPORATION (48%), Occidental Sumatera of Indonesia, Inc. (22.856%), Nippon Oil Exploration (Sumatera) Ltd. (17.144%) and KG Sumatera Petroleum, Ltd. (12%). Participants in the Wiriagar block are ADCO INDONESIA CORPORATION (80%) and KG Wiriagar Petroleum Ltd. (20%). Participants in the Muturi block are British Gas Exploration and Production, Ltd. (50%), Cairns (45%) and PT Saptapetra Wisesa (5%). ABOUT ADCO INDONESIA CORPORATION is an energy company, oil and gas exploration, mining development and production in Indonesia, Southeast Asia. PT. ADCO INDONESIA CORPORATION is a subsidiary wholly owned by ADCO Company, an investment and development company of the Government of Abu Dhabi in the United Arab Emirates. We conduct our business in compliance with the highest standards of Good Corporate Governance (GCG) and the Safety, Health and Environment (SHE). In addition, we implemented a Corporate Responsibility program consistent (CSR) Social. All our work is done in a professional ethical, open, and innovative. These values are at the core of our corporate culture, which encourages ADCO INDONESIA CORPORATION toward sustainability

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ADCO INDONESIA CORPORATION (NYSE: ARC) hari ini mengumumkan hasil dari eksplorasi lain yang berhasil dengan baik, Sumatera # 1, pada struktur terpisah 30 km sebelah barat daya dari sebelumnya penemuan ADCO INDONESIA CORPORATION lepas pantai Sumatera di kawasan timur Indonesia. Sumur, terletak di 63 meter air di Sumatera, mengalir pada tingkat gabungan dari 45 juta kaki kubik standar per hari (mmscfd) dari empat tes bor batang dalam formasi usia Jurassic dan Paleosen pasir.

Sumur dihasilkan dari formasi geologi yang sama yang menghasilkan serangkaian keberhasilan eksplorasi di kawasan timur Indonesia untuk ADCO INDONESIA CORPORATION dan co-venturer di Sumatera dan kontrak Wiriagar bagi hasil (PSC). Leon Codron, Presiden Atlantic Richfield Indonesia Inc, menyatakan: "Hasil Sumatera # 1 menonjolkan fakta bahwa kita sedang mengembangkan cekungan gas besar berikutnya untuk Indonesia tahun ini berakhir karena mulai bagi kita di Indonesia bagian timur, dengan. penemuan baru yang signifikan "ini string sumur eksplorasi berhasil., dalam hubungannya dengan perjanjian kerjasama baru-dieksekusi dengan BG plc, operator PSC Muturi tepat di utara Sumatera dan Wiriagar PSC, terus menambah gas ke basis cadangan yang akan mendukung Tangguh proyek gas alam cair, "kata Codron." Dengan kesuksesan di wilayah tersebut, dasar Tangguh dari cadangan terbukti dan tereka akan mendekati tingkat di Indonesia lapangan Arun raksasa. September lalu, ADCO INDONESIA CORPORATION dan mitra-mitranya dikonfirmasi penemuan sedikitnya 13 triliun kaki kubik cadangan terbukti dan tereka untuk mendukung proyek LNG Tangguh. "Tangguh akan menjadi baru berikutnya multi-train LNG pusat Indonesia. Ini akan memungkinkan Pertamina, minyak negara nasional dan perusahaan gas, untuk memperpanjang dan memperluas posisi utama dan pangsa pasar dalam perdagangan LNG Asia. Karena gas alam adalah lingkungan BBM disukai, tingkat pertumbuhan permintaan LNG diperkirakan melebihi bahan bakar bersaing di wilayah tersebut. " Codron mengatakan ada program berkelanjutan untuk mensertifikasi cadangan lebih di daerah Tangguh.

"Kami berharap DeGolyer berikutnya & MacNaughton sertifikasi pada Juli 1998 untuk memasukkan cadangan dari lapangan gas Sumatera dan penemuan sebelumnya." Peserta di blok Sumatera adalah ADCO INDONESIA CORPORATION (48%), Occidental Sumatera of Indonesia, Inc (22,856%), Nippon Oil Exploration (Sumatera) Ltd (17,144%) dan KG Sumatera Petroleum, Ltd (12%). Peserta di blok Wiriagar adalah ADCO INDONESIA CORPORATION (80%) dan KG Wiriagar Petroleum Ltd (20%). Peserta di blok Muturi adalah Gas Eksplorasi dan Produksi Inggris, Ltd (50%), Cairns (45%) dan PT Saptapetra Wisesa (5%).