Santos reveals new plans for PNG

Santos has revealed plans to acquire a stake in a Papua New Guinea (PNG) licence, as part of a farm-in agreement with Kina Petroleum Limited.

The company announced it will acquire 20 per cent equity in the PPL 339 licence, located in the Aure Fold Belt, southeast of the Elk/Antelope fields.

The acquisition is Santos’ first entry into this new play in PNG.

&++++ !++!++ #!+ ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. &++++ !++!++ ! ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ #! ++. ++ !++!++#+ #+ ++ !++!++ ##+!+. &++++ !++!++ !# ++. #+ ++ !++!++ #+!+. &++++ !++!++ #! ++.

Enter your details to receive a free trial to Pipeline, Plant & Offshore

Thank you for signing up for the Pipeline, Plant & Offshore trial.