Indonesia Licence Summary (May 2008)

LICENCE	AREA KM2	LICENCE TYPE	LUNDIN  INTEREST	OPERATOR	PARTNERS
Lematang	227	Exploration	25.8824%	PT Exspan	PT Exspan 74.1176%
Salawati Basin	1,000	Production	25.936%	PetroChina Int.	Pertamina 10% Pearl Oil 34.064% PetroChina Int. 30%
Salawati Island JOB	1,097	Production	14.5122%	PetroChina Int. & Pertamina	Pertamina 50% Pearl Oil 18.702% PetroChina Int. 16.7858%
Sareba	3,606	Exploration	100.0%	Lundin	-

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