NGE finds rig for PNG drilling

NEW Guinea Energy expects to start its PPL 267 drilling campaign in Papua New Guinea in the second quarter after entering into an option agreement with Australian Drilling Services to secure a rig.

NGE finds rig for PNG drilling NGE finds rig for PNG drilling NGE finds rig for PNG drilling NGE finds rig for PNG drilling NGE finds rig for PNG drilling

NGE is negotiating to finalise the terms of a definitive drilling contract for the Kremco K650-T trailer rig, with drilling expected to start early in the second quarter.

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