20241007_ELSA_Laporan Informasi dan Fakta Material_31733030_lamp2.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id


Press Release
   Supporting the National Oil Production Program of 1 Million Barrels,
 Chemical Fine Flow 3805 Elnusa Petrofin Wins Technology Day & Business
                           Forum 2024 Award

Jakarta, October 7, 2024 – PT Elnusa Tbk, through its subsidiary, PT Elnusa Petrofin (EPN) Chemical business
unit, has won an award for innovative technology achievements with the largest well production in the No-Cure-
No-Pay (NCNP) program. This award was given at the Technology Day & Business Forum 2024 event organized
by Pertamina Sub Holding Upstream.

By implementing Chemical Fine Flow 3805 injection technology, EPN has succeeded in reviving the TM-123 well
in Zone 8 of Pertamina Hulu Mahakam (PHM), which produced a total cumulative oil production of 27,580
barrels. Fine Flow 3805 itself is a chemical specifically designed to face the challenges of high pour point crude
oil (HPPO) operations.

This award was presented directly by the Vice President of Supply Chain Management of Sub Holding Upstream
Pertamina Hulu Energi, Bombongan Tampubolon, to the President Director of Elnusa Petrofin, Doni Indrawan.
During the NCNP program, EPN managed to maintain oil production levels in the range of 300-400 BOPD, and
achieved a cumulative production target of 12,000 barrels on July 12, 2024, which then continued to increase
to reach 27,580 barrels on September 26, 2024.

EPN President Director, Doni Indrawan, said, "This success is proof of Elnusa Petrofin's commitment to continue
to innovate and provide the best service in the energy sector. We continue to support the efforts of Pertamina's
Upstream Sub Holding in increasing national oil production. This award is also the result of the hard work of our
entire team, as well as motivation to continue to improve the competence and quality of operational results in
the future," said Doni.

"This achievement is not just a number, but also a reflection of our commitment to continue to improve the
quality of service and innovation. This also proves that EPN is able to compete and provide real contributions
through effective technological solutions," added Doni Indrawan.

With innovative technology and a high commitment to service excellence, EPN continues to contribute to
strengthening national energy security, ensuring that every step towards the target is carried out with efficiency,
reliability, and compliance with strong HSSE standards.

About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) which is part of the Pertamina Upstream Subholding, which operates in the field
of integrated energy services to provide total solutions. Elnusa has DNA of Resilience and innovation for more than 54 years in the energy industry, has
core competencies in upstream oil and gas services, energy distribution and logistics services and supporting services. The upstream oil and gas service line
includes Geoscience & Reservoir services (land, transition zone & marine and data processing), drilling & oil and gas field maintenance services (drilling &
workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics service line includes
fuel transportation services, depot management and chemical sales. The supporting service line includes marine support services, fabrication, and data
management. Elnusa continues to be committed to implementing Corporate Governance in accordance with GCG and ESG principles to create a company
that is highly competitive, continues to grow and provides sustainable benefits for all stakeholders. Further information can be accessed at
www.elnusa.co.id