Investor Update 2023 4Q
Throughout 2023, PT Saka Energi Indonesia recorded revenue of US$453.0 million, down 25.9% year on year due to lower commodity prices and lifting volumes. Average daily production stood at 29.5 mboepd, declining 11.6% yoy, mainly due to natural decline and operational disruptions at the Pangkah PSC. Despite these conditions, SAKA recorded net income of US$11.1 […]
Investor Update 2023 3Q
During the first nine months of 2023, PT Saka Energi Indonesia recorded revenue of US$324.6 million, down 33.7% year on year due to lower commodity prices and lifting volumes. Average daily production stood at 29.6 mboepd, declining 13.3% yoy, mainly due to natural production decline, water channeling, and an unplanned shutdown at the Pangkah processing […]
Investor Update 2023 2Q
During the first half of 2023, PT Saka Energi Indonesia recorded revenue of US$219.2 million, down 28.9% year on year due to lower commodity prices and lifting volumes. Average daily production stood at 28.9 mboepd, declining 16.3% yoy, mainly due to natural decline, water channeling, and operational disruptions at the Pangkah PSC. Total lifting reached […]
Investor Update 2023 1Q
During the first quarter of 2023, PT Saka Energi Indonesia recorded revenue of US$129.5 million, up 4.6% year on year. Average daily production stood at 28.9 mboepd, down 15.4% yoy, mainly due to natural production decline and water channeling at the Pangkah PSC. Total lifting increased 4.5% to 2.4 mmboe, supported by Pangkah and Ketapang. […]
Investor Update 2022 FY
Throughout 2022, PT Saka Energi Indonesia recorded revenue of US$611.5 million, up 69.0% year on year, mainly driven by higher lifting volumes and commodity prices. Average daily production increased 15.0% to 33.4 mboepd, supported by strong performance from the Pangkah PSC. Total lifting rose 19.8% to 10.5 mmboe. SAKA reported net income of US$86.2 million […]
Investor Update 2022 3Q
During the first nine months of 2022, PT Saka Energi Indonesia recorded revenue of US$489.3 million, up 108.9% year on year. Average daily production increased 24.8% to 34.2 mboepd, supported by contributions from Pangkah and Muriah, while total lifting rose 37.8% to 8.3 mmboe. SAKA reported net income of US$70.0 million, supported by higher commodity […]
Investor Update 2022 2Q
During the first half of 2022, PT Saka Energi Indonesia recorded revenue of US$308.3 million, up 118.8% year on year. Average daily production increased 31.1% to 34.7 mboepd, supported by higher contributions from Pangkah and Muriah. Total lifting also rose 32.3% to 5.2 mmboe. SAKA reported net profit of US$47.6 million, while cash cost declined […]
Investor Update 2022 1Q
During the first quarter of 2022, PT Saka Energi Indonesia recorded revenue of US$123.7 million, up 165.0% year on year, mainly driven by contributions from Pangkah, Ketapang, Muriah, and Muara Bakau. Average daily production increased 34.3% to 34.5 mboepd, while total lifting rose 59.8% to 2.2 mmboe. SAKA reported net income of US$19.4 million, supported […]
Investor Update 2021 FY
Throughout 2021, PT Saka Energi Indonesia recorded revenue of US$361.8 million, up 77.6% year on year, mainly driven by contributions from Pangkah, Ketapang, Muriah, and Fasken. Average daily production increased 13.2% to 29.1 mboepd, supported by the start-up of West Pangkah and Sidayu, while total lifting rose 17.6% to 8.8 mmboe. SAKA reported net income […]
Investor Update 2021 3Q
During the first nine months of 2021, PT Saka Energi Indonesia recorded revenue of US$234.3 million, up 64.6% year on year. Average daily production increased 6.6% to 27.5 mboepd, supported by the start-up of the West Pangkah and Sidayu fields, while total lifting rose 14.5% to 6.0 mmboe. SAKA reported net income of US$1.3 million, […]
Investor Update 2021 2Q
During the first half of 2021, PT Saka Energi Indonesia recorded revenue of US$140.9 million, up 38.4% year on year, mainly supported by Pangkah, Ketapang, Muriah, and Fasken. Average daily production stood at 26.5 mboepd, down 2.9% yoy due to pandemic-related delays, natural decline, and the Muara Bakau facility shutdown. Total lifting increased 4.4% to […]
Investor Update 2021 1Q
During the first quarter of 2021, PT Saka Energi Indonesia recorded revenue of US$46.7 million, down 38.6% year on year due to lower lifting volumes. Average daily production stood at 25.7 mboepd, declining 11.8% yoy due to natural depletion, delays at West Pangkah, and the Muara Bakau facility shutdown. Total lifting fell 29.0% to 1.4 […]
Investor Update 2020 FY
Throughout 2020, PT Saka Energi Indonesia recorded revenue of US$203.7 million, down from US$374.4 million in 2019 due to lower average selling prices and lifting volumes during the pandemic. Average daily production declined 25.3% to 25.7 mboepd, while total lifting fell 27.4% to 7.5 mmboe. Despite the difficult environment, SAKA reduced operational cash cost to […]
Investor Update 2020 3Q
During the first nine months of 2020, PT Saka Energi Indonesia recorded revenue of US$142.3 million, down US$149.8 million from the same period in 2019 due to lower average selling prices and lifting volumes during the pandemic. Average daily production declined 27.9% to 25.7 mboepd, while total lifting fell 33.7% to 5.3 mmboe. SAKA reduced […]
Investor Update 2020 2Q
During the first half of 2020, PT Saka Energi Indonesia recorded revenue of US$101.8 million, down US$94.4 million from the same period in 2019 due to lower average selling prices and lifting volumes during the pandemic. Total lifting declined 29.2% to 3.75 mmboe, while Fasken production also fell following the cancellation of new-well drilling. SAKA […]
Investor Update 2019 FY
Throughout 2019, PT Saka Energi Indonesia recorded revenue of US$374 million, down from US$585 million in 2018. Total production reached 12.54 mmboe, declining 27.2% year on year, mainly due to the expiry of the Sanga Sanga and South East Sumatera PSCs, with average daily production of around 34.4 mboepd. SAKA recorded EBITDA of US$248 million […]
Investor Update 2019 3Q
During the first nine months of 2019, PT Saka Energi Indonesia recorded revenue of US$292 million and EBITDA of US$182 million. Total production reached 9.75 mmboe, down 32% from the same period in 2018, mainly due to the expiry of the Sanga Sanga and South East Sumatera PSCs. Average daily production stood at around 35.7 […]
Investor Update 2019 2Q
During the first half of 2019, PT Saka Energi Indonesia recorded revenue of US$196 million and EBITDA of US$121 million. Total production reached 6.75 mmboe, down 32% from the same period in 2018, mainly due to the expiry of the Sanga Sanga and South East Sumatera PSCs. Average daily production stood at 37.3 mboepd, with […]
Investor Update 2019 1Q
During the first quarter of 2019, PT Saka Energi Indonesia recorded revenue of US$93 million and EBITDA of US$71 million. Total production reached 3.48 mmboe, down around 30% from the same period in 2018, mainly due to the expiry of the Sanga Sanga and South East Sumatera PSCs. Average daily production stood at 38.7 mboepd, […]
Investor Update 2018 FY
Throughout 2018, PT Saka Energi Indonesia recorded revenue of US$585 million, up from US$473 million in 2017, with EBITDA reaching US$408 million. Average daily production stood at around 49.6 mboepd, down 3% year on year, mainly due to the expiry of the Sanga Sanga and South East Sumatera PSCs in the third quarter of 2018. […]
Investor Update 2018 3Q
During the first nine months of 2018, PT Saka Energi Indonesia recorded revenue of US$441.7 million, up from US$317 million in the same period of 2017, with EBITDA reaching US$285.1 million. Average daily production remained relatively stable at 52.8 mboepd, comprising 40.9 mboepd of gas and 11.9 mboepd of oil, while total production reached 14.40 […]
Investor Update 2018 2Q
During the first half of 2018, PT Saka Energi Indonesia recorded revenue of US$308 million, up from US$211 million in the same period of 2017, while EBITDA increased to US$203 million. Average daily production reached 55.1 mboepd, up 6% year on year, mainly driven by a 15% increase in gas production and contributions from Muara […]