September 11, 2008
Field investigations have successfully identified coal-bearing stratigraphy on the eastern flank of a regional anticline in the Pulaubalang Formation which is one of the significant coal-producing formations in East Kalimantan, particularly for higher ranked coals, with characteristic calorific values greater than 6,000 kcal/kg. KLG plans to drill six holes to test the coal-bearing stratigraphy in the concession area.