PPLs 372 & 373 and PPL 430

HZN_PNG-Fields-&-Prospects_CROPPED_WEB_March-2017

 

Participants in these permits as follows:-

PPL 430
Horizon Oil 100% (Operator)
PPLs 372 and 373
Horizon Oil
90% (Operator)
Jurrasic
10%

 

Seismic data has been sourced, reprocessed and integrated into the interpretation over the acreage, with the intent of high-grading prospective areas ahead of acquiring new seismic data.

 

The acreage will be explored with the objective of confirming sufficient gas reserves, when added to the existing PNG reserves base, to underwrite regional gas commercialisation options currently under consideration.

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