Summary of AssetsPT. Energi Mega Persada Tbk ("EMP") is an active upstream oil and gas producing company operating within the Indonesian region. EMP went public in June 2004 with an IPO price of Rp 160/share.In August 2004, EMP indirectly acquired 100 working interests in the Kangean PSC at US$0.8?BOE based on the 2P reserves. The acquisition added another 238 mmboe to EMP's 2P reserves.In January 2006, EMP acquired PT. Tunas Harapan Perkasa (THP) which consisted of 5 operating oil and gas assets (Semberah TAC, Gelam TAC, Korinci PSC, Bentu PSC, Gebang JOB/PSC) at US$3.5 per boe (based on 2P reserves). The acquisition added another 88 mmboe to EMP's 2P reserves.In May 2007, EMP farmed out 50% of Kangean PSC to JAPEX and Mitsubishi. EMP remains as a single majority owner of Kangean PSC with 50% interest and received US$360 million ($ 2.9/BOE) proceed from the transaction. EMP used the proceed to improve its gearing position and to support its working capital requirements.In March 2008, EMP obtained approval from its shareholders during the E-GM to dilute its stake in Lapindo Brantas Inc from previously 100 % to 0.01%.In April 2008, EMP acquired Tonga PSC for US$11,800,000,-. The block which is located in North Sumatera is estimated to have up to 90 mmboe resources and had made discovery of 850 barrels of oil per day in Tonga-1 well.In May 2009, EMP's subsidiaries were awarded 2 new Coal Bed Methane Contracts ( -Sangatta-2 and Tabulako-) in Kalimantan with the combined resource estimate of 1.5 trillion cubic feet of gas (-signature bonus paid- : US$-2.5 million)In November 2009, Signed an agreement with Inpex Masela Ltd to acquire 10% participating interest in Masela PSC in the Arafura Sea, Indonesia. Masela PSC is certified to have over 18 trillion cubic feet of 2P gas reserves.In February 2010, Completed the 2nd Rights Issue, raising Rp 4.84 trillion (US$-519 million) proceed. The rights proceed was used to partly repay the outstanding loan (US$-250 million) and to secure the acquisition of 10% stake in Masela PSC from Inpex Masela Ltd ($-100 million or $ 0.3/BOE). Post the loan repayment, ENRG’s consolidated Debt to Equity ratio improved from 3.2x (FYE 2009) to 0.6x (FYE 2010).In December 2011, EMP’s 51% subsidiary acquired 36.72% stake in Offshore Northwest Java (ONWJ) PSC for US$212 millions (or $2.4/BOE (2P)). EMP owns effectively 18.73% stake in the ONWJ PSC, which increased EMP’s net 2P reserves by 10% to 586 millions barrels of oil equivalent.Today, EMP operates 12 oil, gas assets, and coal bed methane assets with net 2P reserves of 586 mmboe.