PPL 574 (formerly PPL 259)



Participants in PPL 574 are:-

Horizon Oil  80% (Operator)
Osaka Gas  10%
Mega Fortune


PPL 574 covers an area of approximately 2,805 sq km in the Western Province of PNG.


Activity during the year was focused on interpretation and analysis of the Nama-1 well log and sidewall core data to evaluate the remaining potential of the broader prospect. In addition, a thorough reinterpretation of the regional seismic and pressure data was undertaken to refine the prospects and leads portfolio.

Latest Announcement