Stake Purchase • Oil/Gas Exploration

Indonesia Natural Gas Resources Muturi and Talisman Wiriagar Overseas Invest In Tangguh LNG

On August 28, 2000, Indonesia Natural Gas Resources Muturi and Talisman Wiriagar Overseas invested in oil/gas exploration company Tangguh LNG

Investment Context
  • This is Indonesia Natural Gas Resources Muturi’s 1st and Talisman Wiriagar Overseas’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Indonesia Natural Gas Resources Muturi’s 1st and Talisman Wiriagar Overseas’ 1st transaction in Indonesia.

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Investment Summary

Date August 28, 2000
Target Tangguh LNG
Sector Oil/Gas Exploration
Investor(s) Indonesia Natural Gas Resources Muturi
Talisman Wiriagar Overseas
Deal Type Stake Purchase

Target Company

Tangguh LNG

Jakarta, Indonesia
Tangguh LNG is a major multinational project involving the development of six gas fields in the Wiriagar, Berau and Muturi Production Sharing Contracts (PSC) in Bintuni Bay, Papua Barat.Tangguh started production in 2009, just four years after its initial sanction by the Government of Indonesia, and is operating at design capacity with work now ongoing to expand the plant through the addition of a third train (Train 3).
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Investors Overview 2

Investor
DESCRIPTION

Indonesia Natural Gas Resources Muturi, Inc.explores, develops, and markets natural gas.


Deal Context for Investor #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Stake Purchase 1 of 1
Country: Indonesia 1 of 1
Year: 2000 1 of 1
Investor

Talisman Wiriagar Overseas

Netherlands

Category Company
Founded 2009
Sector Oil/Gas Exploration
DESCRIPTION

Talisman Wiriagar Overseas Ltd. explores, develops, and markets natural gas.


Deal Context for Investor #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Stake Purchase 1 of 1
Country: Indonesia 1 of 1
Year: 2000 1 of 1