Friday, June 23, 2017 10:57:04 PM
commercializing the land controlled by Purari which is targeted for oil and gas exploration. ‘DLCR’ will represent Purari’s commercial interest in the negotiate of any commercialization of the land, including oil and gas exploration and production. ‘DLCR’ will also used best efforts to secure PNG governmental approval for the projects it negotiates on behalf of Purari. In exchange, ‘DLCR’ will receive 30% of the total revenue generated for Purari based upon such commercialization efforts. The agreement is for a term of 3 years."
http://ih.advfn.com/p.php?pid=nmona&article=74956607
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