Papua New Guinea
In 2016, our presence in Papua New Guinea was focused onour Upstream business.
Net surface area
of mineral rights
As of December 31st, 2016, we owned mineral rights mineral rights to 9 blocks in Papua New Guinea: five exploration blocks with a net surface area of 9,586 km2 and four production/development blocks with a net surface area of 591 km2.
- In June, Strickland-2 exploratory well in PNG was completed with negative results and in December, the Strickland-1 exploratory well was completed, also with negative results.
Information on net production, net proved reserves, and mineral rights as of December 31st, 2016