The data will be acquired by the M/V Seisquest and will begin prior to the end of this year, with acquisition expected to complete in the first quarter of 2011.

The TBN10 survey will be conducted over the highly prospective and extensive play fairway which includes a recent gas discovery.

The new 3D seismic will provide improved stratigraphic and structural resolution of the Tarakan sub-basin, leading to a better understanding of its petroleum system and a much clearer definition of the numerous leads and prospects already identified on existing 2D seismic in the area.

The TBN10 multi-client 3D survey is supported by industry funding and also supports the Indonesian government’s overall objective to attract exploration and raise declining production levels.