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Investment Summary

Kina Petroleum Invests In Petroleum Retention Licence 38

On December 23, 2013, Kina Petroleum invested in oil/gas exploration company Petroleum Retention Licence 38

Investment Highlights
  • This is Kina Petroleum’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Kina Petroleum’s 1st transaction in Papua New Guinea.

Investment Summary
Date 2013-12-23
Target Petroleum Retention Licence 38
Sector Oil/Gas Exploration
Investor(s) Kina Petroleum
Deal Type Stake Purchase

Target

Petroleum Retention Licence 38

Papua New Guinea
Petroleum Retention Licence 38 comprises comprises nine graticular blocks spread across approximately 765 km2 and includes Pandora gas discoveries which contain approximately 800 BCF of gas.

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Investor(S) 1

Investor

Kina Petroleum

Badili, Papua New Guinea
Category Company
Founded 2009
Sector Oil/Gas Exploration
Revenue 20M AUD (2019)
DESCRIPTION

Kina Petroleum is a Papua New Guinea (PNG) registered company, for acquiring oil and gas exploration and production concessions in PNG. Kina Petroleum was founded in 2009 and is based in Badili, Papua New Guinea.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Papua New Guinea M&A 1 of 1
Year: 2013 M&A 1 of 1
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