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Cheetah raises $US5m, to focus on Kuru-2 well

CANADIAN company Cheetah Oil & Gas has raised $US5 million ($A6.9 million) and said it plans to use the funds to advance exploration work within its extensive PNG landholding.

Cheetah raises $US5m, to focus on Kuru-2 well Cheetah raises $US5m, to focus on Kuru-2 well Cheetah raises $US5m, to focus on Kuru-2 well Cheetah raises $US5m, to focus on Kuru-2 well Cheetah raises $US5m, to focus on Kuru-2 well

Specifically Cheetah said it would focus on re-entry drilling at its Kuru-2 well located within PPL-246 near the south coast of PNG.

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