Petromin buys into Elk/Antelope gas field

PAPUA New Guinea state resources company Petromin has bought a direct interest in InterOil’s Elk/Antelope gas field in the PNG’s Gulf Province.

Petromin buys into Elk/Antelope gas field Petromin buys into Elk/Antelope gas field Petromin buys into Elk/Antelope gas field Petromin buys into Elk/Antelope gas field Petromin buys into Elk/Antelope gas field

InterOil said Petromin made an initial cash payment as part of its continuing plan to fund 20.5% of the cost of developing the field.

loader
  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more