EXPLORATION

Kina, Cott win PNG licence

A JOINT venture between Kina Petroleum and soon-to-float Cott Oil & Gas has won a licence in the Western Papuan Basin in Papua New Guinea.

James McGrath

The series of 162 graticular blocks which makes up PPL 436 measures 13,362sq.km and contains a series of prospects and leads which are on trend to the Aiambak structure in PPL 435. Kina told the market...

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