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 mmboe. SAKA reported a net loss of US$10.3 million, improving from a US$123 million loss in 3Q17. By the end of September, total assets stood at US$2.60 billion and equity at US$787 million. The Sanga Sanga and South East Sumatera PSCs expired in August and September 2018, respectively.
