Syabas Energy Company Profile

Business Model Conclusion

Syabas Energy is focused on its core In focusing on the identification and
competencies in increasing recovery at low acquisition of interests in mature,
cost development solutions for mature and/or marginal/brownfields in Indonesia, Syabas
marginal fields or brownfields, at a time in the Energy will establish itself as a Leading
upstream oil and gas industry where significant Indonesia Oil & Gas Development and
opportunities exist to acquire interests in, and Production Company.
to develop, these types of assets.

The Company business model is driven by three

key factors:
• Our focus on the acquisition of interests in,
and the exploitation of, newly discovered
reserve and mature fields opportunities.
• The world class field development skills and
experience of the experts within
Syabas Energy.
• Financial Strength of Syabas Group and
partners.

Syabas Energy Management Structure

In contrast to large oil and gas SYABAS ENERGY
President and CEO
operators, Syabas Energy enjoy a Syarif Bastaman
relatively flat management structure
which allows us to react to
opportunities and issues in a timely
OWN OPERATIONS
and effective manner. NON OPERATING JOINT VENTURES
Vice President Vice President
Yulius Isyudianto Soejanto Poedjosoedarto

Syabas Energy has strong financial

support from its principal. Technical Advisory Board
PI Block Cepu - Central Java portion
PT Sarana Patra Hulu Cepu (BUMD) &

Syabas Energy is backed up by PT Usahatama Mandiri Nusantara (Syabas Energy )

Technical Advisory Board (TAB) which

is populated by Experienced Senior
Professionals who have broad
knowledge and experience in
KSO Pertamina - Tanjung Tiga Timur Field
PT Formasi Sumatera Energi
PI Block Cepu - East Java Portion
PT Petrogas Jatim Utama (BUMD) &
General Manager
Ruskamto Soeripto
PT Syabas Usaha Migas (Syabas Energy )

managing production of the mature

fields efficiently.