Eaglewood Energy’s PPL 260 Licence Receives Extension

- November 3rd, 2011

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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