At least they look to have won this legal battle. Let's hope Victoria is next!!
Lakes Oil N.LASX AnnouncementPapua New Guinea UpdateHighlights:
• Judicial review of the PNG Petroleum & Energy Minister’s purported cancellation ofPPL 560 was scheduled for 17 May 2019.
• The Petroleum Minister’s legal counsel has advised that the cancelation will berevoked.• Judicial review has been adjourned to 7 June 2019 to allow parties time to finalisesettlement arrangements.
• Confirmation of PPL 560 tenure will allow resumption of exploration activity and willmake the judicial review unnecessary.
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