NGE tips diverse investment strategy

THREE months after New Guinea Energy's boardroom coup the junior oiler has completed a strategic review, which finds the company cashed up and still interested for investments in the energy sector, although it will use its cash pile to look beyond the oil patch.

NGE director Grant Worner told Energy News this morning that NGE would look at "whatever comes up", but he expected there would be a focus on the energy sector, because that is where the company's