Partners

PT Energi Pasir Hitam Indonesia ("PT Ephindo")
Jakarta-based PT Ephindo is a national energy company established and led by two Indonesian senior executives with decades of leadership of major multi-national and energy companies: W. Yudiana Ardiwinata, the former President Director and former member of the Board of Commissioners of Chevron Pacific Indonesia, and Sammy Hamzah, the former Senior Vice President of Business Services at the Chevron IndoAsia Business Unit.

PT Tanito Harum
PT Tanito Harum ("Tanito Harum") a wholly owned subsidiary of Indonesia's Tanito Coal Group, holds government issued contracts for coal mining in areas covered by the Kutai Block including Kutai-West and Kutai Ephindo and is a consortium member of the Kutai-West PSC. One of Indonesia's first private coal mining companies, Tanito Harum has been operating in the Kutai Basin for more than 20 years. During this time, Tanito Harum has built significant mining and civil engineering infrastructure within the areas covered by the Kutai-West PSC including extensive roadway development throughout the property. The Company's plan is to utilize as much of the existing infrastructure as possible, which Management believes will save the company significant early stage exploration expenditures and support fast track exploration and development of the Kutai-West PSC. In addition, Tanito has successfully completed a formal community relations program which covers exploration and development under the Kutai-West coalbed methane PSC.

The Tanito Coal Group controls a number of coal concessions containing surface minable coal reserves including the operation of two mines in East Kalimantan, PT Tanito Harum and PT Mahakam Sumber Jaya, with a third mine, PT Santan Batubara scheduled to begin production in 2009. With 2008 sales of 7 Mt, Tanito Coal is one of the largest bituminous thermal coal producers and exporters in Indonesia.