DRILLING

Petromin buys into Elk/Antelope gas field

PAPUA New Guinea state resources company Petromin has bought a direct interest in InterOil's Elk/Antelope gas field in the PNG's Gulf Province.

Marija Stojkovic

Petromin buys into Elk/Antelope gas field

InterOil said Petromin made an initial cash payment as part of its continuing plan to fund 20.5% of the cost of developing the field. Executive vice president Christian Vinson said the Petromin buy-in...

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