Licences PPL 277
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The licence covers approximately 8,022 km2 or about 2 million acres and is located in the central Highlands of PNG. The majority of the licence is in the Papuan Foldbelt which is high mountainous terrain. The licence lies immediately north of the Kutubu, Moran and Gobe/SE Gobe Oil Fields. 13 leads identified. Oil and gas condensate potential throughout. Test distal Toro reservoir. 2008 fieldwork identified new seeps at the SE Wage Lead, additional fieldwork planned for 2011. Excellent access in central area along Kutubu Road.
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About UsNew Guinea Energy Ltd is an Australian company focusing on oil and gas exploration in PNG. |
LicencesNGE holds 6 onshore Petroleum Prospecting Licences (PPLs) covering more than 44,800 sq km. |
AnnouncementsEurope - US Roadshow Presentation May 201217-May-2012Please click here (/LiteratureRetrieve.aspx?ID=92592) to view our latest Presentation... |
Investor InformationASX Code: NGE is listed on the Australian Securities Exchange Limited. |
Corporate GovernanceNGE is committed to observing and maintaining the highest standards of sound corporate governance practices. For further information on NGE’s Corporate Governance policies please click here. |
Contact UsSydney Office +61 2 9252 0010 |
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