Project proposal oil wells

INVESTMENT COOPERATION
Proposal
MANAGEMENT OF
THE OIL WELL IN THE EAST JAVA
Wonocolo BOJONEGORO

PARTNERSHIP INVESTMENT
MANAGEMENT OF OIL WELLS FOLK
Old oil wells in Block Cepu located in the district of
Bojonegoro in East Java and KabubatenBlora was
originally a Dutch legacy oil wells that are no longer
maintained. The old oil wells and then by local
communities (miners) do the cleaning wells (work-
over) by way of traditional means. Wells that have net
later in the bucket and the results are then deposited
into the Pertamina at a predetermined price.
Until the present time sustainable management of the
Dutch legacy wells by local people is still underway
even as the cost of cleaning the wells is expensive
and sometimes less than the maximum then have
done the side of the well drilling in hopes of getting
more oil production.
Nowadays many investors, both individuals and
companies who came to the region to participate
invest their funds in the management of the old oil
wells. Investors are not only coming from Jakarta,
Central Java or East Java, Java and even from
outside of Singapore and the Philippines were also
interested and involved in investing for the
management of the Dutch former wells.
INTRODUCTION
Contact Us :
Ramlah Nurhamidin (08122821118)
Mulki Wibowo (08122833747)
Iwan Kurniawan (082125136222)
WONCOLO
BANJARNEGORO EAST JAVA

Contact Us :
WONCOLO

OVERVIEW INVESTMENT MANAGEMENTN OLD OIL WELLS
This investment should be for investors with medium capacities up with funds deposited
around Rp.30.000.000.000, - (thirty billion rupiahs) may be the capital of individuals and
groups or companies.
The funding will be used for the management of about 10 old oil wells run community is to re-
program me-reactivation of the wells (well service / workover) and the drilling side so that the
oil production from these wells will increase.
Technology and management system applied to the management of the people's wells tend
to choose the technology / management simple (cheap) so that the investment made
profitableand capital may quickly return.
The rate of return on investments is expressed in the following estimates:
- Break Even Point (BEP) ranging between 5-20 months
- Return on Investment ranged between 50% - 1000% per year
All values of the above parameters is dependent on the luck factor to production results
obtained. Because again that this technology is a simple technology that we are not able to
analyze in detail and accurately compared with the oil companies who are able to do so at a
cost that is very expensive.
Contact Us :
WONCOLO
INVESTMENT COOPERATION

WHY HAVE 10 WELL?
In principle, the investment management of the wells can be
done for one (1) wells. When more and more wells
run the chance of getting the advantage of being bigger.
Management of 10 wells are our estimates to produce the lowest
cost / efficient in business management. If less than this amount,
the management fee will be higher.
CAN DO MORE THAN 10 WELL?
This investment certainly allows for the management of more
than 10 wells and more than 100 wells. Artisanal miners of yore
manage wells at a depth of 100-200 meters because the fewer
the results then this year some investors entered at a depth of
400 meters. And less likely to go on into the 600 meters could be
done in the future with drilling costs are much higher for sure.
HOW TO SMALL INVESTORS
For investors who have limited funds are not even able to fund in
full for the first well even then we have the option to combine
several small investors will still be able to have the opportunity to
invest in the old wells.
We opened the opportunity for small investors who have funds of
at least 20% of the cost of the investment, or about our
Rp.600.000.000 to combine with other small investors are under
our management.
Contact Us :
WONCOLO

TECHNOLOGY we use is a simple technology that is cheap.
Although this technology remains essentially refers to the
systems and procedures performed in petroleum operations as
appropriate. As an example of that drilling is done with water drill
machine / drill mine are modified in order to penetrate at a depth
of 400 meters. When we perform drilling with drilling machines /
rigs used conventional oil drilling For it is certain that this
investment would not be profitable because very expensive.
Oil production technology of drawing also done well or with a
simple pump that stays with low production costs.
MANAGEMENT Management of good operational at the time of
reactivation / drilling and for the production is done in a simple
way but still refers to the achievement of business objectives.
Operational offices placed near production wells with local
people renting houses at low cost.
Labor will also be adapted to its purpose with qualifications that
do not require high skills to avoid high costs.
TECHNOLOGY AND MANAGEMENT
Contact Us :
WONCOLO

This business is legal because it is done with good legal
basis Act, Candy, regulation and the Operational
Agreement are bound by the parties and instasi
authorities in the management of natural mineral
resources and oilnatural gas in this country.
Stakeholders, the Ministry of Energy and Mineral
Resources, Pertamina, enterprises, cooperatives and
Miners People of them are as follows:
1. The Minister of Energy and Mineral Resources
Regulation No.01 Year 2008
Exploitation of Oil Mining at Old Wells
2. Principle Approval to produce a
Petroleum in Old Wells by KUD / enterprises
3. Agreement producing Petroleum On
Old wells between Pertamina EP with KUD /
enterprises
4. Recommendations of Regency / City and approval
from the Provincial Government
LEGALITY
Contact Us :
WONCOLO

OURS INVESTMENT COOPERATION is a team of personal
Legality
This business is legal because it is done with good legal bas is
Law Act, Candy, Regulation
and the Operational Agreement with the definite parties and
authorities in management of natural mineral resources and oil
natural gas in the country. Stake holders, the Ministry of Energy
and Mineral Resources, Pertamina, enterprises, cooperatives
and miners.
Folkthem areas follows:
1. The Minister of Energy and Mineral Resources Regulation
No.01 Year 2008
Exploitation of Oil Miningin Old Wellsin Old Wells
2.Principle Approvalto produce a Petroleumin Old Wells by
KUD/enterprises
3.Agreement producing Petroleum On Old wells between
Pertamina EP with KUD/enterprises
4.Recommendations of the District /Town and approval from the
Provincial Government
Wonocolo BOJONEGORO EAST JAVA
Technical competen ceeither, norin Relationship Management to
all relevant agenci esprimarily to artisanal miners and the local
environment.
WHY SHOULD WE
Contact Us :
WONCOLO

Technical competen ceeither, norin Relationship Management to
all relevant agencies primarily to artisanal miners and the local
environment.
Technical ability is needed in the management of oil wells as well
for large-scale CHEVRON, CNOOC, Pertamina and small scale
like this business plan.
For such a small scale that we offer Technical capabilities
required include the capabilities in the field of geology and
engineering rebervoir to provide the best analysis in the selection
of potential wells to be drilled / managed.
Technically drilling is also needed in order to produce a
directional wellbore and clean in order to increase oil production
potential for the stew.
Then Technical production to get the appropriate production
system selection and appropriate at the same time the ability to
care well for future production.
Management capability is desirable for the management of all
lines of the organization so that it remains focused on the
purpose of the organization managing the budget and maintain
the level of operating profit as planned.
Relationships with relevant agencies is needed to support the
legality of the process of rapid and targeted. Relationships with
artisanal miners and the local environment is also important in
order to avoid racketeering and expenses that are not planned by
other parties who are not responsible
Contact Us :
WONCOLO

Old wells not only in the field Dandangilo / Wonocolo only. Field
Dandangilo / Wonocolois onlyOne of the many oil fields that fall
into the category of old oil wells which can be managed
according EMR decree No.01 of 2008.
In Indonesia, according to data from the Directorate General of
Oil and Gas expected to more than13,000 old wells that can be
managed using the legal basis of the ministerial decree.
Management of old wells in each field will be very berbeda2 in
terms of investment cost that is issued because it depends on
several things including the cost of red tape in obtaining permits
in each region of the province, extensive grounds and spread
well managed, the distance between the location of wells with
yag collecting station in designated as the recipient of oil
production. Besides, that local security factors also have a role
that is not small in terms of total investment cost overruns.
13000 OLD WELL IN INDONESIA
Contact Us :
WONCOLO

Terms and Conditions in the management of old oil wells:
The status of oil wells is owned by PT. Pertamina EP managed
by KUD (group of miners)
The results of crude oil delivered and measured at stations
owned by PT. Gatherer Pertamina EP in Menggung, Cepu.
Payment of the sale of crude oil from PT.Pertamina EP to KUD.
Long-time cash payment of PT.Pertamina EP is 30 working days.
KUD parties provide a tank truck to transport crude oil from oil
wells to Cepu.
The target daily production is 3,000 liters of crude oil per day
per well
(Target moderate)
Crude oil prices received by investors is Rp 3.000, - per liter.
(Starting price
USD 4160.40 / liter reduced management fee and the cost of
trucking KUD)
Note : Sling replacement every 3 months are borne by the
investor at : Rp. 20.000.000, -
Damage to production machines (machines truck) / overhoul fully
borne byinvestor.The entire cost of production, maintenance and
operation is the responsibilityBusiness + miners.
Contact Us :
WONCOLO
TERMS AND CONDOTION

List of Oil Well Old Location
Dandangilo Wonocolo - Bojonegoro
Contact Us :
WONCOLO
Simulation Results For Miners, business and investors
FLOW CHART OF PRODUCING OIL WELLS OLD
Status old oil wells is owned by PT. Pertamina EP managed by
KUD (group of miners) Results crude oil delivered and measured
in the Gatherer station owned by PT. Pertamina EP in
Menggung - Cepu.
Payment from the sale of crude oil from PT. Pertamina EP to
KUD.
Term of payment in cash of PT. Pertamina EP is: 30 (thirty) days.
TIME SCHEDULE
Reactivation WORK OLD OIL WELL

Contact Us :
WONCOLO
BUDGET PLAN
Budget plans are required to work twenWs well drilling wells
within about 2.5 months is as follows: Rp.3,000,000,000, -
(Three Billion Rupiah) / $ 240,000 consisting of:
1. Exemption Location / Land Clearing : Rp. 250,000,000.00
2. Geo Survey : Rp. 50,000,000.00
3. Construction : Rp. 131,000,000.00
4. Material : Rp.1.330.000.000,00
5. Drilling Operations : Rp.1.102.000.000,00
6. Equipment Production : Rp. 137,000,000.00

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