November 14, 2014
Q3 2014 Financial Results Conference Call
November 6, 2014
Q3 Conference Call Details
October 27, 2014
Investor Presentation Update
October 16, 2014
Finlayson Takes Up Chairmanship
November 6, 2014
Raptor-1 Flares Gas and Condensate on Test
October 29, 2014
Support for PNG Tribal Foundation
October 21, 2014
Raptor & Bobcat Update
From the Chief Executive Officer
The natural advantage of Elk-Antelope
Planning for the Elk-Antelope LNG Project continues to step up with more than 500 people now working on the project in Papua New Guinea, Australia, Singapore and France.
Concept selection studies are well advanced and onshore and offshore surveys are due to start before the end of 2014.
The project promises to benefit from the pioneering PNG LNG Project, which has shown the world that Papua New Guinea can build and operate mega-projects.
In addition, Papua New Guinea is now recognised as having one of the lowest-cost greenfield LNG projects in the world, a huge advantage over other competing LNG projects in Australasia.We believe Elk-Antelope will support at least a two-train project and will benefit from several advantages over other gas developments in Papua New Guinea.
It is closer to infrastructure than any other developed gas field in the country and it is close to a major river, an important cost benefit when transporting people and equipment.
It also has the natural advantage of being in a less-mountainous region than other major gas fields, a big factor in development cost. But more importantly, it is a single gas field that can be developed without the expense of pipelines and processing facilities to collect gas from multiple fields.
Our opportunity – and the opportunity for Papua New Guinea – is to make the most of these metrics in developing Elk-Antelope efficiently and effectively.
Dr. Michael Hession