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. Total production reached 18.11 mmboe, with gas contributing 76%. SAKA reported net income of US$16 million, reversing a US$94 million loss in 2017. At year-end, total assets stood at US$2.61 billion and equity at US$812 million.
