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, comprising around 188 mmscfd of gas and 6,332 boepd of oil, while total lifting reached 2.68 mmboe. The company reported a net loss of approximately US$14 million, with total assets of US$2.46 billion and equity of US$798 million. SAKA also repaid US$200 million of shareholder loans during the period.
