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The original consolidated financial statements included hereinare in the Indonesian language.PT PERTAMINA HULU ENERGI DAN ENTITAS ANAK/AND SUBSIDIARIES Lampiran 5/78 ScheduleCATATAN ATAS LAPORAN KEUANGANKONSOLIDASIAN31 DESEMBER 2020(Dinyatakan dalam ribuan dolar AS, kecuali dinyatakan lain)NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSDECEMBER 31, 2020(Expressed in thousands of US dollars,unless otherwise stated)5. AKUISISI ENTITAS ANAK DAN PARTICIPATINGINTEREST5. ACQUISITION OF SUBSIDIARIES ANDPARTICIPATING INTERESTSa. Farm out Agreement Blok South East Jambi a. Farm out Agreement South East Jambi BlockPada tanggal 26 Februari 2020 PHE South EastJambi menandatangani farm out agreementdengan Moeco South East Jambi BV dan RepsolExploration, sehingga kepemilikan PHE SouthEast Jambi sebesar 27%. KBH Blok South EastJambi berlaku efektif sejak 17 Juli 2018 denganjangka waktu kontrak 30 tahun.On February 26, 2020 PHE South East Jambisigned a farm out agreement with Moeco SouthEast Jambi BV and Repsol Exploration, thereforethe participating interest PHE South East Jambi atSouth East Jambi block is 27%. The PSC SouthEast Jambi Block has been effective since July 17,2018 with the contract period of 30 years.b. KBH Gross Split Blok Corridor b. Corridor Gross Split PSCPada tanggal 11 November 2019, PHE Corridormenandatangani KBH Gross Split Blok Corridordengan jangka waktu kontrak 20 tahun, yangberlaku efektif sejak tanggal 20 Desember 2023.On November 11, 2019, PHE Corridor signed theCorridor Block Gross Split PSC for a contractperiod of 20 years, which became effective fromthe date of December 20, 2023.c. KBH Gross Split Blok Maratua c. Maratua Gross Split PSC Pada tanggal 18 Februari 2019, PHE Lepas PantaiBunyu menandatangani KBH Gross Split BlokMaratua dengan jangka waktu kontrak 30 tahun,yang berlaku efektif sejak tanggalpenandatanganan KBH tersebut.On February 18, 2019, PHE Lepas Pantai Bunyusigned the Maratua Block Gross Split PSC for acontract period of 30 years, which becameeffective from the date of the signing of such PSC.d. Perpanjangan KBH Blok B pasca terminasi d. Extension of B Block PSC after terminationKBH %u201cB%u201d berakhir pada tanggal 3 Oktober 2018.Pada tanggal 25 September 2018, Pemerintahmelalui Badan Pengelola Migas Aceh (BPMA)menunjuk PHE NSB sebagai pengelola WilayahKerja %u201cB%u201d selama 6 (enam) bulan terhitung sejaktanggal 4 Oktober 2018 atau sampai KBH baruditandatangani, mana yang terjadi lebih dahulu,dengan bentuk dan ketentuan-ketentuan pokokKBH sesuai dengan Wilayah Kerja %u201cB%u201d saat ini.%u201cB%u201d PSC expired on October 3, 2018.On September 25, 2018, the Government throughthe Aceh Oil and Gas Management Agency(BPMA) assigned existing contractor to temporarilymanage the %u201cB%u201d contract area for a period 6 (six)months starting from October 4, 2018 or until thenew PSC is signed, whichever occurs earlier, withthe main form and provisions of the PSC inaccordance with the current %u201cB%u201d contract area.Mengacu kepada Surat Menteri Energi danSumber Daya Mineral Republik Indonesia,No. 116/13/MEM.M/2019, tanggal 1 April 2019,telah dilakukan perpanjangan kontrak sementarakedua selama 6 (enam) bulan terhitung sejaktanggal 4 April 2019 sampai dengan KBH baruditandatangani, mana yang terjadi terlebih dahulu.Refer to the letter from Indonesian Ministryof Energy and Mineral Resources,No. 116/13/MEM.M/2019, on April 1, 2019, thesecond temporary contract extension has beensigned for 6 (six) months starting from April 4, 2019or until the new PSC is signed, whichever occursearlier.Mengacu kepada Surat Menteri Energi danSumber Daya Mineral Republik Indonesia,No. 8394/13/MEM.M/2019, tanggal 2 Oktober2019, telah dilakukan perpanjangan kontraksementara ketiga selama 6 (enam) bulan terhitungsejak tanggal 4 Oktober 2019 sampai denganKBH baru ditandatangani, mana yang terjaditerlebih dahulu.Refer to the letter from Indonesian Ministryof Energy and Mineral Resources,No. 8394/13/MEM.M/2019, on October 2, 2019,the third temporary contract extension has beensigned for 6 (six) months starting from October 4,2019 or until the new PSC is signed, whicheveroccurs earlier.Laporan ManajemenManagement ReportProfil PerusahaanCompany ProfileAnalisa & Diskusi ManajemenManagement Discussion & AnalysisIkhtisar 20202020 HighlightsPT Pertamina Hulu Energi2020 Laporan Tahunan TerintegrasiIntegrated Annual Report 758