New Guinea Energy Ltd

New Guinea Energy Ltd (NGE) is engaged in exploration for oil and gas in Papua New Guinea. The Company owns 100% of six granted Petroleum Prospecting Licenses (PPLs 265, 266, 267, 268, 269 and 277) covering an area (in aggregate approximately 52,810 square kilometers or approximately 13,049,635 acres) of oil and gas prospective acreage in the foreland and foldbelt structural terrains of the western and southern highlands of Papua New Guinea (PNG). The Company’s subsidiaries include Engelberg Limited, Kingsbury Limited, Kirkland Limited, Ladysmith Limited, NGE Administration Limited, Roebuck Limited and Taylor Limited.