NGE to drill Panakawa

NEW Guinea Energy will drill its Panakawa prospect in Papua New Guinea in the second quarter of 2010, the company's structural geologist Dan Kendrick told the Excellence in Oil and Gas conference in Sydney.

NGE to drill Panakawa NGE to drill Panakawa NGE to drill Panakawa NGE to drill Panakawa NGE to drill Panakawa

The company, which holds 52,810 square kilometres in six onshore permits in PNG, is the largest acreage holder in what is being termed a new world-class hydrocarbon province, and has an active

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