These include PRL 48, 49, and 50 of the already discovered gas fields of Kimu, Barikewa, and Uramu.
The three fields have a best estimate of contingent resources (2C) of slightly over 2 trillion cubic feet (tcf) of gas with approximately 50 – 60 million barrels condensate.
Minister for Petroleum, Kerenga Kua, today presented the licenses to KPHL Managing Director, Wapu Sonk.
PRL 48, 49, and 50 represent the already discovered gas fields of Kimu, Barikewa and Uramu, in which KPHL will work towards developing.