man..is this going to explode..

This looks like we get Oman, Cambay, WA, Timor and the cash for nothing when you consider the size of this on its own.

First production, however, is targeted to come from Indonesia. The Pendalian-3 well, drilled in 2007, flowed oil from two zones at a commingled potential production rate of 1,200 bpd. The field is estimated to contain 15-25 million barrels of oil in place. Four development zones are planned to fully develop the field in Q4 2008 with a targeted total production rate of between 4,500 to 6,000 bpd. A further four exploration wells are also planned in the block with potential for moderate to large size prospects in the order of 100 million barrels of oil in place. Oilex has a 45 per cent interest in the Pendalian field with Sumatera Persada Energi holding 55 per cent and the operatorship.