CITIC Resources: The Supreme Court of Indonesia has accepted the Seram block claim.
Announcement from Sinz Resources, on August 11, 2025, SKK Migas issued a letter to the contract parties approving and appointing PIM as the "temporary operator". Seram Energy believes that SKK Migas' decision violates the relevant Indonesian laws and the provisions of the joint operating agreement, as Indonesian laws do not have the concept or process of appointing a "temporary operator", and the appointment and/or dismissal of operators in the Seram block should strictly follow the procedures and document requirements established in the joint operating agreement. Seram Energy subsequently issued a written administrative objection notice to SKK Migas on August 19, 2025, protesting and opposing its decision in the August 11 letter. According to Article 77 of Government Administrative Law No. 30 of 2014, SKK Migas must respond to Seram Energy's objections within 10 working days. However, after the expiration of the aforementioned deadline, SKK Migas failed to respond to Seram Energy's written administrative objections. Therefore, Seram Energy filed a claim against SKK Migas with the Indonesian State Administrative Court to suspend the implementation of the August 11 letter until the court makes a decision on the legality of SKK Migas' appointment of PIM as the so-called "temporary operator".
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