PNG government backing LNG deal

A statement released by PNG Minister for Petroleum Kerenga Kua said the government reserved the right to discuss matters with the developers and that finalising the details of the deal should not take
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Santos hits new production highs

In its second quarter results the company reported a first half production of 37 MMboe, a 32 per cent increase from the previous corresponding period.
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Lakes Oil finds success in PNG court

Dondonald Limited, a majority owned subsidiary of Lakes Oil, was participating in legal proceedings with PNG’s Minister for Petroleum and Energy over the cancellation
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Santos buying into P’nyang

Santos will purchase a 14.3 per cent stake in PRL 3, which is owned by joint venture partners ExxonMobil, Oil
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Kumul and Mayur team up in PNG

The companies signed a Memorandum of Agreement (MOA) which capitalises on the gas agreement signed by the PNG Government
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Kina makes executive appointment

Phil E. Mulacek has been appointed to the position where he will take an active role in the company’s development of its existing oil and gas operations in Papua New Guinea. With more than 35 years’
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