PHE’s cooperation agreements with other parties are as follows: continued

PT PERTAMINA PERSERO DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2015 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain PT PERTAMINA PERSERO AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Expressed in thousands of US Dollars, unless otherwise stated 181

43. KESEPAKATAN KONTRAK MINYAK DAN GAS BUMI lanjutan

43. OIL AND GAS CONTRACT ARRANGEMENTS continued

d. Perjanjian kerjasama PHE dengan pihak- pihak lain sebagai berikut lanjutan:

d. PHE’s cooperation agreements with other parties are as follows continued:

- Kepemilikan di KKS yang diperoleh setelah berlakunya Undang-Undang No. 22 tahun 2001, tentang Minyak dan Gas Bumi lanjutan - PSC interests acquired after the issuance of Law No. 22 year 2001, related to Oil and Gas continued 3. Migas Nonkonvensional 3. Unconventional Oil and Gas Per tanggal 31 Desember 2015, kontrak kerjasama Migas Nonkonvensional yang telah ditandatangani sebagai berikut: As of December 31, 2015, Unconventional Oil and Gas partnership arrangements which have been signed were as follows: Mitra Usaha KKS PSC Partner Wilayah kerja Working Area Wilayah Area Tanggal Efektif Kontrak Effective Date of Contract Tanggal Jatuh Tempo Kontrak Expiry Date of Contract Persentase Partisipasi Percentage of Participation Produksi Production Periode Kontrak Contrac t Period Tidak adaNone Blok MNK Sumbagut MNK Sumbagut Block Sumatera UtaraNorth Sumatera 15052013 14052043 100 - 30 tahun years Bukit Energy Resources Sakakemang Deep Pte.Ltd. Blok MNK Sakakemang MNK Sakakemang Block Sumatera SelatanSouth Sumatera 22052015 22052045 45 - 30 tahun years - Joint Operating Body-Production Sharing Contracts “JOB-PSC” - Joint Operating Body-Production Sharing Contracts “JOB-PSC” Dalam JOB-PSC, kegiatan operasional dilakukan oleh suatu badan operasi bersama antara entitas anak PHE dan kontraktor. Bagian entitas anak PHE atas kewajiban pembiayaan ditanggung lebih dahulu oleh para kontraktor dan dibayar oleh entitas anak PHE melalui bagiannya atas produksi minyak mentah dan gas bumi, ditambah dengan 50 uplift. Setelah semua pembiayaan dibayar kembali, maka hasil produksi minyak mentah dan gas bumi dibagi antara entitas anak PHE dan kontraktor sesuai persentase partisipasi masing-masing dalam JOB-PSC. Bagian kontraktor atas produksi minyak mentah dan gas bumi ditentukan dengan cara yang sama sesuai KKS. In a JOB-PSC, operations are conducted by a joint operating body between PHE’s subsidiaries and contractors. The PHE subsidiaries’ share of expenditures is paid in advance by the contractors and repaid by the PHE subsidiaries out of their share of crude oil and natural gas production, with a 50 uplift. After all expenditures are repaid, the crude oil and natural gas production is divided between the PHE subsidiaries and the contractors based on their respective percentages of participation in the JOB-PSC. The contractors’ shares of crude oil and natural gas production are determined in the same manner as for a PSC. Tanggal Tanggal Efektif Tanggal Akhir Wilayah Kontrak Mulai Produksi Kontrak Persentase Periode Mitra Usaha Kerja Effective Date of Date of Partisipasi Kontrak JOB-PSC Working Wilayah Date of Commencement End of Percentage of Produksi Contract JOB-PSC Partner Area Area Contract of Production Contract Participation Production Period PT Golden Spike Energy Indonesia Blok Raja dan Pendopo Raja and Pendopo Block Sumatera Selatan South Sumatera 06071989 21111992 05072019 50 Minyak dan gas bumiOil and gas 30 tahun years Petrochina Kepala Burung Ltd. RHP Salawati Island B.V Petrogas Island Ltd. Blok Salawati Island Salawati Island Block Papua 23041990 21011993 22042020 50 MinyakOil 30 tahun years