DRILLING

Red tape delays

AFTER a nine-month wait New Guinea Energy has received PNG government approval to complete a farm-out deal struck last year with Talisman Energy. Meanwhile, the Siphon-1 exploration well is closing in on its main target reservoir.

Red tape delays

Talisman paid $US1.2 million for the transfer of a 35% interest from NGE in the PPL 268 licence in November. The government approval of this deal allows Talisman to complete the transaction and hold...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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