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Papuan Basin set for new wave of exploration

EXPLORATION activity in PNG's Papuan Basin is set for a major new phase following some recent breakthroughs by the upstream sector.

Papuan Basin set for new wave of exploration

And unlike the first big wave of exploration in the late 80s/early 90s, which created many stranded gas assets, the new phase holds the promise of big commercial payback. Two or three recent developments...

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