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PNG

Cott says it's sitting on Papuan monster

COTT Oil and Gas says it may be sitting on 13.9 trillion cubic feet of gas and 181 million barrels of liquids on newly awarded permits in PNG, on a P50 basis.

James McGrath
Cott says it's sitting on Papuan monster

It told the market this morning that it had formally satisfied farm-in conditions for the PPL 435 permit in the western lowland near the Fly River and, together with 50-50 joint venture partner Kina Petroleum,...

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