Rift looks at new LNG opportunities

RIFT Oil intends to raise £5.17 million (K28.20 million) through placing 98.39 million ordinary shares, while considering liquefied natural gas opportunities as drilling nears 43% completion at its Puk Puk-1 well in PNG.

Rift looks at new LNG opportunities Rift looks at new LNG opportunities Rift looks at new LNG opportunities Rift looks at new LNG opportunities Rift looks at new LNG opportunities

Rift has a memorandum of understanding agreement with Rio Tinto for investigating the supply of around 40 billion cubic feet of gas per annum from the Douglas gas discovery in PNG through a direct

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