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
First Sahara Energy (CNSX:FSE) is on the cusp of some major changes that could reposition it in the oil and gas market, making it a prime candidate for our Proactive One2One Investor forums, with the company set to present with us across Canada next week.
First Sahara Energy (CNSX:FSE) is spinning out its mineral properties through another public company in the first quarter of next year, the company announced Monday.
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New Zealand Energy Corp. (CVE:NZ)(OTCQX:NZERF) has been awarded a 100% interest in the East Cape permit of the East Coast Basin, it told investors on Friday. The permit covers about 1.05 million onshore acres in the Raukumara region of the basin, on the northeast tip of New Zealand's North Island.
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