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Texcal Energy Mahato Inc. has successfully won the bid for the Oil and Gas working area known as Bengara I Working Area in phase I 2023 which is an onshore area in North Kalimantan.  The win was officially declared through the Decree of the Director-General of Oil and Gas on behalf of the Minister of Energy and Mineral Resources: 255.K/MG.04/DJM/2023 on 20 July 2023 and has announced in the 47th IPA Convention & Exhibition event on 27 July 2023.

Alhamdulillah, with the selection of Texcal Energy Mahato Inc. as the winner of Bengara I Working Area, we hope that the Company will effectively contribute to the development of the Oil and Gas Sector in Bengara I, promoting economic growth, and energy security in the region. May this collaboration bring about prosperity and benefits for all involved parties.

Texcal Energy

Texcal Energy assets include existing primary production in the Mahato PSC, as well as highly prospective areas close to large producing Oil and Gas fields in the Bohorok and South Block A PSC’s and the South Tuban Exploration KSO.