New Guinea Energy (ASX:NGE) has received Papua New Guinea Government approval to sell its 50% interest in Petroleum Prospecting Licence 269 to Santos (ASX:STO).
The company will receive a payment of US$32 million cash on completion.
In addition, it will receive a US$2 million payment if a Petroleum Retention Licence is granted over any area of the licence and a further US$6 million if a Petroleum Development Licence is granted.
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Last
$1.21 |
Change
0.000(0.00%) |
Mkt cap ! $41.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 50000 | 1 |
View Market Depth
| Last trade - 16.21pm 09/09/2025 (20 minute delay) ? |
| NGE (ASX) Chart |
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