PNG

'Mid-scale LNG' project a possibility in PNG

AN INDEPENDENT evaluation has revealed the successful Elevala-2 and Ketu-2 appraisal wells effectively doubled the certified resource estimate for their shared licence operated by Horizon Oil in Papua New Guinea's Western province.

The audit of the Petroleum Retention Licence 21 resources was undertaken by advisory firm RISC, and also identified potential upside in key sandstones of the undrilled Tingu prospect nearby. "We are...

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