GAS

Kina Petroleum targets ASX debut

KINA Petroleum, which holds four onshore petroleum exploration licences in Papua New Guinea, is advancing a planned initial public offering on the Australian Securities Exchange to raise $A25 million.

Blair Price

About $9.4 million of these funds are designated for drilling expenses while $1.9 million is pencilled in for seismic work. While KP originally planned to allocate its new shares in mid-September, The...

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