West Belida PSC

In June 2010, RH Petrogas acquired Singapore-based RH Petrogas Singapore Pte Ltd (formerly known as Orchard Energy Pte Ltd), which holds a PSC in West Belida Block, Jambi, South Sumatra, Indonesia.

The West Belida Block is located onshore South Sumatra adjacent to a number of oil and gas discoveries in the prolific South Sumatra Basin. The block area is 1,402 sq km and is highly prospective.

A 253 km 2D seismic survey is planned early 2011 with an exploration well planned for 2012. Several leads have been mapped and geochemical survey has been carried out with several anomalies located close to the leads.

The West Belida project, along with the Fuyu project in China, reiterates RH Petrogas position as a major player in the oil and gas industry. We intend to continue building a portfolio of such opportunities going forward.