Indonesia announced the winners of its 2017 exploration bid round on 31 January 2018, with five conventional blocks awarded. This was the first bid round to incorporate Indonesia Gross Split PSC terms. No unconventional blocks were awarded. Who was successful and who was not? What do the results of the 2017 licensing round tell us about recent efforts to reinvigorate interest in Indonesia? And what are the implications for the future of Indonesia's upstream industry?