Ann: PNG Government Approval Received for Sale of 50% in PPL 269, page-11

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    lightbulb Created with Sketch. 156
    So we now have PPL 265, 266, 267 with PPL's 268 being a write off and 269 sold.
    Maybe they might focus on Kaisy in 267 now?
    Who knows..... management don't say much. They haven't even kept the website up to date.
    From PPL 268 licence - "Seismic to be completed 1Q 2011 and well to follow."
    Um...it's 2015 now.

    Thats the other thing to remember, the other licences were extended for 5 years....in 2012. Oly got a couple of years to go. I think it's very risky to assume they will be extended again if they just sit on their hands and wait for a farm in agreement.
 
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