EXPLORATION

NGE receives PNG licence approvals

NEW Guinea Energy expects to start seismic programs on its PPL 268 and 269 permits in Papua New Guinea later this year after receiving government approval to vary its exploration program on the two permits.

Marija Stojkovic

The company said it would commit at least $US28.7 million on seismic and testing activities on the two 100%-owned permits. Earlier this week the company received approval to vary the seismic and drilling...

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