PNG

Kina partner locked in

WITH drilling of Kina Petroleum's first well ongoing, the company is progressing plans for two future wells with Oil Search after confirming it will pick up its option to farm into PPL 339, between the giant Elk-Antelope complex and the Gulf of Papua.

Haydn Black

Papua New Guinea's busiest explorer, Oil Search, has now elected to commit to the drilling phase of the PPL 339 farm-in, earning 70% by partially funding one well. Kina will retain 30%. Oil Search's...

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