South Pacific Resources Ltd (ASX:SPB) is the 100% holder of five petroleum prospecting licenses in Papua New Guinea. PPL 366 & 367 are located onshore and PPL 356 & 357 offshore in the highly prospective Papuan Basin close to discovered oil & gas fields. PPL 358 is in the frontier Cape Vogel Basin where oil & gas indications have been reported.


South Pacific Resources Ltd ACN 073 099 171 (ASX: SPB) is an oil & gas exploration company. Our mission is to build shareholder value by exploring for and developing conventional and unconventional oil & gas resources principally in PNG.
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The current oil & gas projects of South Pacific Resources Ltd are as follows:
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