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Business Activities Development & Production

Core Competency
Development & Production

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Project Management

Petra Energy business scope of operations includes Development and Production activities of Small Fields. Petra Energy, via its collaboration
with CEC International Ltd, is involved in the Small Field Risk Service Contract (SFRSC) for the development and production of petroleum from
the Kapal, Banang and Meranti small fields (KBM Cluster) offshore Peninsular Malaysia.

The primary scope of services, under the SFRSC, provided by Petra Energy and CEC International Ltd for the PETRONAS includes:

Primary Scope of Services

Implementation of the Field Development Plan
Implementation of Production operations to achieve to achieve the first oil date, and thereafter to sustain production activities.

Duration

The SFRSC for the KBM Cluster is for a term of eight (8) years commencing 29 June 2012.

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