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 mboepd, comprising 172 mmscfd of gas and 6,054 boepd of oil. The company reported a net loss of US$69 million, with total assets of US$2.27 billion and equity of US$743 million. SAKA also repaid US$125 million of its US$250 million syndicated loan facility in 3Q19.
