Subsidiaries

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What's in a Name?

What's in a Name?

We are an Indonesian "Pure-Play". Our sole business focus is within the Republic of Indonesia, where "Bahasa Indonesia" is the national language. The names of our subsidiaries reflect this fact. The word "Hilir" is the Bahasa word for "Downstream", and indicates our position relative to the "Hulu" or "upstream" producers of the crude oil feedstocks we refine. "PT" is the Bahasa abbreviation for a limited liability company, equivalent to "Ltd."

Our core competency is the oil and gas business and are activities include both upstream and downstream activities.  We operate through two special purpose, limited liability, corporate subsidiaries, each incorporated in Indonesia under foreign direct investment laws.

PT Continental Hilir Indonesia

PT Continental Hilir Indonesia

PT-CHI is our subsidiary established in the Republic of Indonesia under a foreign direct investment license from BKPM, the Indonesian agency responsible for coordinating international investments. From its Jakarta office, PT-CHI's mission is to seek out and initiate new business opportunities in the downstream oil and gas sector by providing management consulting services to local Indonesian crude oil producers, regional investors, local lenders, and energy infrastructure development enterprises of regency or provincial level governments. Any one of whom may be a strategic partner or stakeholder in our small scale refineries.

PT Kilang Kaltim Continental

PT Kilang Kaltim Continental

PT KKC is our flagship operating subsidiary. PT KKC was incorporated under a foreign direct investment license with the Indonesian government and holds other special business licenses from the Ministry of Mines and Energy which permit it to build, own, and operate a 24,000 barrels per day capacity crude oil refinery at the KIPI Maloy International Port and Industrial Park, a new special economic zone and industrial center located in the Kutai Timur Regency of East Kalimantan Province, Indonesia. The Maloy Refinery is intended to refine local domestic Indonesian crude oil feedstocks into motor fuels and other refined products for sale direct to underserved industrial and retail consumers within the East Kalimantan Province.