Australia’s South Pacific Resources reports that its subsidiaries in Papua New Guinea (PNG) have applied for five unconventional licences covering 75,000sq km. The prospective areas covers the shales sur- rounding the Foldbelt oil and gas fields; the Hides, Juha and P’Nyang gas fields; the Elk/Antelope/Triceratops gas discoveries; the pro- posed Stanley LNG project in Western Provinces; and the Foreland Area.
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