Oil Search Commencement of PRL 15 Certification
Oil Search Commencement of PRL 15 Certification
Oil Search Commencement of PRL 15 Certification
Oil Search advises that the independent gas certification of the Elk-Antelope fields, located in PRL 15 (Oil
Search 22.8%) commenced on 13 March 2016, in line with the agreement between Oil Search and the Pac
LNG Group Companies relating to the Companys acquisition of its interest in PRL 15 in early 2014.
Two world-class certifiers, Netherland Sewell and Associates and Gaffney Cline and Associates, have been
engaged. The certification is expected to take a maximum of 120 days.
Peter Botten, Oil Searchs Managing Director, said:
A key priority for the Papua LNG Project co-venturers and the PNG Government is to confirm the size of the
resource and move seamlessly into the development phase, as soon as possible. Oil Search looks forward
to the results of the certification, which will provide the first independent assessment of resource size
following the recent appraisal activity, facilitating the selection of the final development concept for Papua
LNG.
Head office
Sydney office
Mailing address
Incorporated in
Papua New Guinea
ARBN 055 079 868
Port Moresby
Papua New Guinea
1 Bligh Street
Sydney NSW 2000
Australia