arrow signs highly prospective cbm psc in indo, page-3

I think the key to this announcement is Arrow were able to resolve any issues related to overlapping licenses. All parties are happy and Arrow have successfully negotiated with another large oil and gas company.

"About Pertamina:
Pertamina is the leading local oil and gas company in Indonesia, and is one of the world's largest producers and exporters of liquefied natural gas (LNG). It has estimated proven reserves of 4 billion barrels of oil and 2.7 trillion cu. meters of natural gas. It operates several oil refineries and has downstream interests in LNG, LPG, shipping, and fuel. The company also invests heavily in the development of geothermal energy as an alternative energy source."