IndoSino has finalized acquisition of a near-term development asset in Indonesia. Indosino owns 90% operated interests of Wain Block in East Kalimantan, Indonesia, as of March 2023.
The company is eager to build its asset portfolio through the acquisition of producing assets where there are significant opportunities for operating efficiencies, costs reduction and increased production through further investment. The company is also interested to non-producing assets, well-appraised with proven resources that can be developed in short term into production with cost-effectively and strong growth potential.
IndoSino has highly experienced and qualified team of business management, engineers, technical experts and supply chain experts with extensive regional networks and a track record in creating investor value across diverse assets in Indonesia. The company has its principal technical team and operational office in Jakarta, Indonesia.
We are actively engaged in the Exploration and Exploitation of Oil and Gas in partnership with the Government of the Republic of Indonesia. Our operations are planned to deliver safe, optimal, efficient and effective solutions in an environmentally safe manner. As a company we are committed at every level to a high standard in legal and business ethics, compliance with local and international laws, corporate social responsibilities in the areas we operate and have a great deal of pride in the multicultural work environment we have fostered.