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    Eaglewood Energy’s PPL 260 Licence Receives Extension

    Investing News Network
    Nov. 03, 2011 11:27AM PST
    Resource Investing

    Eaglewood Energy Inc. (TSXV:EWD) reported that Oil Search Limited has obtained the final instrument allowing the extension of the PPL 260 licence in the highlands of Papua New Guinea.

    Eaglewood Energy Inc. (TSXV:EWD) reported that Oil Search Limited has obtained the final instrument allowing the extension of the PPL 260 licence in the highlands of Papua New Guinea.

    As quoted in the press release:

    The licence, of which Eaglewood has a 30% interest, has been extended for a further five years.

    Eaglewood Energy’s CEO, Brad Hurtubise commented:

    “We are pleased to have received the extension confirming our ongoing ownership of the licence.

    Click here to read the Eaglewood Energy Inc. (TSXV:EWD) press release

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