Papua New Guinea — Eastern Papuan Basin

Energy
for The Nation

An independent exploration and production company developing oil and gas potential in the Gulf of Papua — from exploration through appraisal to development and production.

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78–227 Bcf Gas-in-Place Estimate
PRL 55 Petroleum Retention License
100% POG Owned — Kuru Gas Field
500+ Planned PNG National Employees

Independent E&P
in Papua New Guinea

Papuan Oil and Gas Limited (POG) is an independent exploration and production company with oil and gas interests in the onshore Eastern Papuan Basin of Papua New Guinea. The Company holds working interests in one license containing the Kuru Gas Field.

POG partners with True North Projects PNG of US in floating facilities and financial support, and with VFuels of US in modularized oil and gas processing plants and marketing. Our Exploration & Production unit focuses on shallow water carbonate plays in the Gulf Province.

Headquartered in Port Moresby, POG is established on the proud history of its sister companies NC Resource Limited and NC Civil Works — determined to take a leading role in exploration, discovery, and construction of petroleum infrastructure across PNG.

POG refinery operations
Our Vision

To be recognized in the oil and gas industry as a company and partner for delivering on our projects, pioneering new opportunities and innovations, and creating value for the petroleum industry, our shareholders, and the communities we work in.

Our Mission

To be a company that makes a difference in the industry and be trusted by our partners and shareholders — building a legacy that improves lives across Papua New Guinea.

What We Do

A fully integrated oil and gas company pursuing value-driven growth across focused geographies and high potential petroleum areas in Papua New Guinea.

Exploration
01
Exploration

Petroleum geologists executing exploration work programs focused on shallow water carbonate plays in the Eastern Papuan Basin and Gulf Province. Combining geophysical surveys with geological field work and data interpretation.

Drilling
02
Drilling

Petroleum engineers executing drilling operations with over 60 years of combined experience in hydrocarbon recovery. Equipped with a secured lease-purchase of former InterOil Rig #3 for appraisal operations.

Geophysical
03
Geophysical

Specialized petroleum geophysicists with expertise in 2D and 3D seismic acquisition, data processing and interpretation — providing accurate subsurface characterization across license areas.

Construction
04
Construction

Sister company NCCW provides 30+ years of civil works expertise. Experienced in major petroleum infrastructure including the ExxonMobil PNG LNG Project, P'nyang gas and Elk-Antelope developments.

Energy
05
Energy Development

Gas-to-power generation using Inline Turbine technology for the Ihu Special Economic Zone and Paia Inlet projects. Partnering with PNG Power to supply electricity to communities across Gulf Province.

Commercial
06
Commercial & Marketing

Pursuing standalone LNG, tie-in opportunities with PNG LNG and Papua LNG, domestic gas sales, petrochemical developments, and modularized processing through VFuels partnership.

KURU

A Field with a
Distinguished History

Located in the Kikori District of Gulf Province, the Kuru Gas Field is POG's flagship asset — under Petroleum Retention License No. 55, granted September 2021 and 100% owned by Papuan Oil and Gas Ltd.

78 bcf
Low Estimate (Gas-in-Place)
227 bcf
High Estimate (Gas-in-Place)
Kuru-4
Planned Appraisal Well
PRL 55
Active License (2021)
1956
First Discovery — Australasian Petroleum Co.

APC drills Kuru-1, successfully discovering dry gas. Well blows out; replacement well Kuru-2 drilled same year.

1958
Kuru-3 Discovery

Third well drilled, also confirming dry gas across the Miocene Puri and Eocene Mendi Limestone targets.

2006
Re-Entry & Successful Flow Test

LNG Energy PNG conducts re-entry and re-completion using Simmons Rig #3, successfully flowing dry gas.

2021
PRL 55 Granted to POG

Papuan Oil and Gas secures PRL 55, taking 100% ownership and advancing toward Kuru-4 appraisal drilling.

Next
Kuru-4 Appraisal Well

Planned appraisal well to test the Eocene Mendi Limestone, increase gas reserves, and unlock the field's full commercial potential.

Our Foundation

The Values that
Define Us

01
Trust

Built through honesty and consistent delivery — for partners, shareholders, and host communities alike.

02
Integrity

The highest standards of ethical behavior and professional conduct in every aspect of our business.

03
Accountability

Relentless pursuit of excellence at all levels, with responsibility as a good corporate citizen at our core.

04
Innovation

Pioneering new solutions and approaches — in data evaluation, negotiation, and energy development for PNG.

05
Respect

Strong values in business that fully respect our people, community, clients, and associates across all cultures.

06
Adaptability

Driving change and development to enhance performance, adjusting effectively to varying cultures and requirements.

07
Success

Our drive and passion to conduct business with confidence and commitment enables us to pioneer better solutions.

08
Making a Difference

Recognizing and celebrating our differences — enhancing lives through persistence and a vision for the nation's future.

Leadership

Guided by
Experience

GNC
G. Nicholas Constantinou
Managing Director & Founder

Founder of POG, following the footsteps of his father, the late Chief Sir George Constantinou KBE. Responsible for management, routine operations, policy decisions, and the company's strategic direction. Passionate about petroleum and construction infrastructure in PNG.

JK
Jovita Kenni
Group General Manager

-Bio coming soon-

SV
Silo Vai
Director — Exploration & Drilling

Over 20 years of petroleum experience with 10 years as a private Consultant Petroleum Geologist. BSc Geology from UPNG. Former Senior Appraisals Geologist at the Department of Petroleum and Energy; expertise spanning petroleum, water, and mining.

SS
Simon Senangke
Director

Board Director contributing governance oversight and strategic guidance to Papuan Oil and Gas Limited as the company advances its exploration and development agenda in the Eastern Papuan Basin.

DB
Donald Bibaesi
Petroleum Geophysicists

20+ years of expertise in 2D and 3D seismic acquisition, data processing and interpretation — providing critical subsurface intelligence for POG's exploration programs.

Building
Tomorrow Today

POG's commitment to sustainable development is woven into every aspect of our operations — from employment of PNG nationals to environmental stewardship and community empowerment.

Employment

Plans to employ up to 500 PNG nationals, building local skills and expertise within the petroleum sector.

Community

Supporting local sporting organizations, youth activities, and community programs across Gulf Province.

Environment

Committed to environmentally responsible operations using best practices to minimize impact across all activities.

Safety

Utmost priority on workforce safety with comprehensive health, safety, and wellbeing management systems.

POG Team
Our ongoing contribution to the growth and success of local communities across PNG has placed POG in an enviable position of being the catalyst of positive change for the future of the nation.
— G. Nicholas Constantinou, Managing Director
Partners & Associates

Our Network

Strategic partnerships with international specialists, financial institutions, legal advisors, and construction companies — forming a robust ecosystem for petroleum development in PNG.
True North Projects LLC — USA
VFuels — USA
Asian Oil & Gas (AOG)
NC Civil Works
Cardno (PNG) Limited
BSP Financial Group
Pacific Legal Group
Pacific MMI Insurance

Partner with
POG

We welcome enquiries from investors, contractors, partners, and industry professionals interested in participating in Papua New Guinea's petroleum future.

📍
Address
PO Box 286, Port Moresby 121
National Capital District, Papua New Guinea
📞
Phone
340 5312
✉️
Email
admin@papuanoilandgas.com
🌐
Website
www.papuanoilandgas.com
Send an Enquiry