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

  • Status
  • Private
  • Latest Deal Type
  • Corporate
  • Financing Rounds
  • 1

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

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.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Corporate Backed or Acquired
Primary Industry
Energy Exploration
Other Industries
Energy Production
Primary Office
  • Darwin
  • Australia
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Joint Petroleum Development Area (JPDA's 06-105 PSC area) Valuation & Funding

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

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