Virginia Indonesia Co., LLC ("VICO") operates the Sanga Sanga Production Sharing Contract area in East Kalimantan on behalf of itself and others Indonesian Joint Venture (IJV) participants. Participants in the IJV are:   Virginia Indonesia Co., LLC 7.500%   OPICOIL Houston, Inc. 20.000%   LASMO Sanga Sanga Limited 26.250%   BP East Kalimantan Limited 26.250%   Universe Gas and Oil Company, Inc. 4.375%   Virginia International Co., LLC  15.625%
	VICO and Virginia International Co., LLC are under joint control by affiliates of LASMO Sanga Sanga Limited and BP East Kalimantan Limited. BP East Kalimantan Limited is an indirect wholly owned subsidiary of BP plc. and LASMO Sanga Sanga Limited is an indirect wholly owned subsidiary of ENI S.p.A. As a result, the effective voting interests of the IJV parties are as follows:
	Party Effective Voting Interest   BP 37.8125%   LASMO/ENI 37.8125%   OPICOIL 20.000%   UNIVERSE 4.3750%   Virginia International Co., LLC  15.625%
	Oil and natural gas are curently produced from seven fields : Badak, Nilam, Mutiara, Semberah, Pamaguan, Lampake, and Beras. Most of the natural gas is delivered to P.T. Badak NGL's plant at Bontang where LNG and LPG are produced and shipped. Smaller Volumes of gas are supplied to fertilizer and methanol plants at the Kaltim Industrial Estate and to PERTAMINA's Balikpapan Refinery. LNG is exported to Japan, Korea and Taiwan.