Papua New Guinea

Oil search issues notice of dispute on Elk/Antelope PRL 15 JOA in PNG

This is the end of a dispute with Interoil.

Oil Search
28/03/2014 12:55
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Oil Search announced Friday that the firm has, via the Pacific LNG Group Companies that were acquired by the Company March 12, issued a notice of dispute to an InterOil Corporation entity (SPI (208) Limited) pursuant to the Elk/Antelope PRL 15 Joint Venture Operating Agreement in Papua New Guinea.
The dispute relates to the transaction announced by InterOil March 26 whereby SPI (208) Limited purports to have assigned an interest in Elk/Antelope Project Area PRL 15 to Total Holdings International B.V.

Oil Search announced Friday that the firm has, via the Pacific LNG Group Companies that were acquired by the Company March 12, issued a notice of dispute to an InterOil Corporation entity (SPI (208) Limited) pursuant to the Elk/Antelope PRL 15 Joint Venture Operating Agreement in Papua New Guinea.


The dispute relates to the transaction announced by InterOil March 26 whereby SPI (208) Limited purports to have assigned an interest in Elk/Antelope Project Area PRL 15 to Total Holdings International B.V.

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