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Supermajors eye Larus breakthrough

Supermajors with acreage around Larus offshore PNG reportedly keen on Larus' oil potential.

Anthony Barich
Supermajors eye Larus breakthrough

The junior is currently in the first year of a 11-year lease that started in March on PPL 579 next to the seep, with all other exploration acreage in the Torres Basin next to PPL 579 awarded to supermajors...

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