PT Andalan Satria Permai agreed to acquire PT Berau Bara Energi from PT Atlas Resources Tbk (JKSE:ARII) and PT Optima Persada Energi for IDR 50 billion on February 13, 2017. Under the terms of transaction, PT Atlas Resources Tbk will sell IDR 49.9 billion worth shares and PT Optima Persada Energi will sell IDR 1 million shares of PT Berau Bara Energi. PT Andalan Satria Permai completed the acquisition of PT Berau Bara Energi from PT Atlas Resources Tbk (JKSE:ARII) and PT Optima Persada Energi on February 13, 2017.