Page 27 - Kaliorang Oil & Gas Project_Update Jan 2019
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(1) Site visit can be arranged, but the site visit expenses must be covered by the investor.




                  (1) PT BORNEO PRIMA ENERGY – will be holding 40% of the total shares
                  (2) INVESTOR / ST ZIFRAN HOLDING SDN BHD – will be holding 60% of the total shares



                  (1) Board of Directors – will be chosen among candidates within the JV company and via
                      special invitation.

                  OPERATION
                  (1) Offices – in KL and Jakarta
                  (2) Site office – At Kaliorang Village

                  ADMINISTRATION STAFF AND OPERATION
                      -  Will be appointed from time to time
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