(EnergyAsia, March 11 2014, Tuesday) — Australia-listed Oil Search Limited has agreed to pay US$900 million for a 22.835% stake in the Elk-Antelope fields which hold the largest undeveloped gas resource in Papua New Guinea. The seller of the PRL 15 stake is Pacific LNG Group, an affiliate of Clarion Finanz AG, a private company…
PAPUA NEW GUINEA: Oil Search to pay US$900 million for 22.835% stake in major gas field
Posted on March 11, 2014 by EnergyAsia