The Indonesian offshore basins are largely under-explored and are basically a geologic continuation of the onshore producing areas displaying many of the same reservoirs and trap configurations.

Furthermore, many of Indonesia’s onshore fields are proximal to surface oil seeps and this association appears to continue offshore with numerous seafloor oil seeps recently mapped. To date, Niko Resources has working interests ranging from 20% to 100% in 22 offshore exploration blocks. Give it some time ...