Balang chairman Dai Ying Xiang said: "Balang is committed to develop the discovered resources in these assets, with the potential for PNG's next LNG project to be a reality in the very near future. This deal is great news for PNG, and for the people of the Western Province in particular."
Repsol owns mineral rights to nine blocks in Papua New Guinea: four exploration blocks with a net surface area of 7,418 square kilometres and five development blocks with a net surface area of 1303 square kilometres.
http://www.pngindustrynews.net/oil-gas/news/1340659/repsol-sells-png-gas-assets
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21.5¢ |
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 3213642 | 21.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 692516 | 8 |
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