LNG Energy is a Canadian exploration and development company focused on developing the extraordinary oil and gas reserves in Papua New Guinea, Poland and Bulgaria. In Papua New Guinea, LNG has assembled a strategic, world-class portfolio of acreage, holding a 68.5% interest in approximately 5.5 million acres and 100% interest in approximately 42,000 acres of prospective oil and gas properties.
Recent Sector News
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Vancouver-based oil and gas producer TAG Oil (TSE:TAO) (OTCQX:TAOIF) is returning its focus to its core "bread and butter play" as Chief Operating Officer Drew Cadenhead puts it, after making some tough decisions on the unconventional Waitangi Valley-1 well in the East Coast Basin of New Zealand.
Click for conference call audio and transcript - http://www.tagoil.com/TAG-Conference-Call_09-16-14.asp
WesternZagros Resources (CVE:WZR) has resumed field operations on its Garmian and Kurdamir blocks in the Kurdistan region of Iraq after industry conditions stabilized and third party oilfield services in the area returned.
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