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
Eco (Atlantic) Oil & Gas Ltd. (CVE:EOG), a Canadian oil and gas exploration company focused on Namibia, said the parliament of Ghana has ratified a petroleum agreement to allow the company to acquire a 50.51 percent interest in the Deepwater Cape Three Points West Block.
New Zealand Energy (CVE:NZ)(OTCQX:NZERF) has been granted a 944 acre petroleum mining permit in the Tarnaki Basin that has been carved out of its 100 percent-owned Eltham exploration permit to encompass its Copper Moki and Waitapu oil discoveries.
Dual-listed oil ‘super-major’ BP (NYSE:BP) (LON:BP), which reported a 34 percent jump in quarterly profit, warned investors that further economic sanctions against Russian interests may adversely affect its investment in Rosneft.
Junior Canadian oil producer Edge Resources (LON:EDG) (CVE:EDE) advanced more than 11 percent after unveiling a significant debt refinancing which will boost its growth plans.
Caza Oil & Gas (LON:CAZA) (CVE:CAZ) told investors that the latest well on the West Coppperline property, in the Bone Springs play, has flowed at a rate of 1,598 barrels oil equivalent per day. It is another emphatic success for the company in the Bone Springs play.
Madalena Energy (CVE:MVN) is poised to see some upside in its stock price, with the company recently completing a transformational deal that gives the junior oil and gas producer critical mass size in Argentina and improved chances for divestment.
Investors interested in LNG Energy recently viewed
- TAG Oil (TSX: TAO) A profitable oil and gas producer, proven explorer with prime acreage in NZ
- PetroFrontier (TSX-V: PFC) Oil and Gas Exploration and Development in Australia's South Georgina Basin
- Gasol (AIM: GAS) African Gas for the next generation
- Tower Resources (AIM: TRP) .
- Simba Energy (TSX-V: SMB) Simba Energy is exploring hydrocarbon opportunities in West Africa