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> Hilmi Panigoro
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“Reserves may reach more than 300 million barrels, but we must be conservative with our estimate.”
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“Instead, we get up to 50 million barrels of oil.”
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“We will start pumping oil by the end of 2007, with production of at least 30,000 barrels per day (bpd).”
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“We will be aggressive in exploration, but it depends on rig supply.”
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“Production (growth) will be (relatively) flat but...the increase in revenue will come from rising oil prices.”
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