Borneo Resource Investments Ltd. (OTCPK:BRNE) signed a binding letter of intent to acquire BT Bumi Energy Kalimanta on March 8, 2012. As of July 12, 2012, Borneo Resource Investments is filing a foreign investment approval application in compliance with Indonesian regulations. Mark Moline of Cinapsys, Inc. acted as public relations advisor for Borneo Resource Investments.

Borneo Resource Investments Ltd. (OTCPK:BRNE) cancelled the acquisition of BT Bumi Energy Kalimanta on March 8, 2013.