PPL 436

Cott has a 50% interest in PPL436 which covers 13,122 km2 across the southern part of the Western Province. A series of fault blocks have been mapped that could host a large oil resource close to the Fly River and the southern coast line. These traps forming at the basin edge of the Papuan Basin margin remain the preferred lead area.

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The Panakawa oil seep located northeast of PPL436 continues to flow at surface at a rate of 5bbls/day.