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Investment Summary

Wondecla Invests In Petroleum Retention Licence 38

On January 31, 2013, Wondecla invested in oil/gas exploration company Petroleum Retention Licence 38

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

Investment Summary
Date 2013-01-31
Target Petroleum Retention Licence 38
Sector Oil/Gas Exploration
Investor(s) Wondecla
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

Wondecla

Papua New Guinea
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Wondecla Limited owns and operates oil and gas reserves. It owns PPL 435 license spread over an area of approximately 4,779 square kilometers; and APPL 436 license.

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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