Fighting Over Fireworks

Pertamina and Black Gold are competing for the Simeulue block.

February 26, 2008

A LITTLE good news came from the team from the Agency for the Assessment & Application of Technology (BPPT) mid-February. There were 320.79 billion barrels of hydrocarbon potential—basic material of oil and gas—hidden under the sea in the waters of Simeulue Island, Aceh.

The “Gong Xi Fa Cai fireworks”—the term given by geologists to the claim, triggered doubts and hope simultaneously. Doubts because the find is in what is termed a fron

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