PNG

Rift has many buyers for PNG gas

LONDON-based Rift Oil is bombarded with options for its gas discoveries in Papua New Guinea, with the junior's annual report revealing there have been approaches by several interested parties willing to chip in development funds.

Rift has many buyers for PNG gas

While further testing of Puk Puk-1 in the company's wholly-owned Petroleum Prospecting Licence 235 in Western Province is underway, Rift's internal mid-case reserves for the three structures in the permit...

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