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Joint Petroleum Development Area (JPDA's 06-105 PSC area)

PRIVATE STATUS
Corporate LATEST DEAL TYPE
1 FINANCING ROUNDS
Description

Oil drilling and production services. The area the contains Kitan oil field, approximately 170 km from the southeast coast of Timor-Leste and 550 km northwest of Darwin, Australia. The Kitan Field Development involves offshore drilling of oil production wells, and installation and operation of a Floating Production Storage and Offloading (FPSO) facility. The projected life of the oil field is about seven years.

Ownership Status
Privately Held (backing)
Financing Status
Corporate Backed or Acquired
Primary Industry
Energy Exploration
Other Industries
Energy Production
Primary Office
  • Darwin
  • Australia

Joint Petroleum Development Area (JPDA's 06-105 PSC area) Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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