Esrey seeks clean slate in PNG

CANADA’s Esrey Energy has entered into a debt settlement agreement to settle its funding issues, given up its disappointing unconventional interests in Poland, and will focus on a slimmed down portfolio of opportunities in Papua New Guinea.

Esrey seeks clean slate in PNG Esrey seeks clean slate in PNG Esrey seeks clean slate in PNG Esrey seeks clean slate in PNG Esrey seeks clean slate in PNG

A recent crop of non-revolving credit facilities matured earlier this year, leaving the junior explorer owing US$3.34 million [$A4.

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