Oil Search Areas In
p. 64 · Read in the full issue
Papua N. Guinea
UNDER a new Bill passed by the Papua and New Guinea Legis lative Council on May 10, the maximum area which can be held under an oil prospecting licence is 2,500 square miles; and areas may
be granted under lease up to 500 square miles. These were the per mitted areas before the war.
After the war (to stimulate oil prospecting, according to the Ad ministration) the prospecting area has been 5,000 square miles, and oil areas granted under lease 2,500.
Permits already granted will not be affected by the new regulations.
