Kumul Petroleum Managing Director, Wapu Sonk congratulated both industry leaders for a smooth and successful completion of the merger. He lauded the companies on behalf of the Board and Trustee Shareholder, who is the Prime Minister and the 8 million-plus Papua New Guinean shareholders of Kumul Petroleum.
“Santos being a regional industry player and leader with a strong balance sheet to have expressed strong interest in PNG speaks volume for industry confidence in itself.