The National, Thursday January 30th, 2014
FRANCE gas and oil company Total SA is committed to developing the Elk and Antelope gas fields in Gulf after several meetings with InterOil, Australia and Papua New Guinea vice-president and country adviser Marc Geniteau said.
He said this on Tuesday when the company’s technical team arrived in the country for a two- day visit to the gas fields.
Total signed rights with InterOil in December last year to own a 61.3% stake in petroleum exploration licence 15, which contains the Elk-Antelope gas fields.
InterOil’s drilling project manager Tim Green said the trip is to ensure both companies understood various aspects of their joint venture in the development of gas resources.
He said the visit aimed to open up cooperation between Total and InterOil.
“Whilst InterOil has lots in country experience in exploration, drilling, seismic and logistics, Total will bring to the table broad range of skills to help both teams.” Green said
“End result is a top class team, well-positioned to appraise and develop the Elk/ Antelope wealth.”