Port Moresby: Stark Oil and Gas Limited (”Stark”) is establishing a new office in Port Moresby, and aim to boost operations out of the capital of Papua New Guinea (PNG) in Oceania.
“After these recent massive prospect discoveries, we are pleased to increase our presence on the ground” says Peter Brown, Chief Executive Officer (CEO) of Stark Oil and Gas Limited. “Since acquiring our proprietary exploration rights over three years ago, we have undertaken considerable geological studies and now require more people to take this promising project forward”.
About Stark Oil and Gas
Stark Oil & Gas (“Stark”) is a junior Oil and Gas Exploration and Production (E&P) company. The Company is in various stages of developing and concluding several major E&P negotiations and deals in Africa, Malta, and PNG. Stark has oil and gas deals pending in the following African countries (in alphabetical order): Chad, Ghana, Ethiopia, Ivory Coast, Libya, Namibia, Nigeria, Niger Republic, Madagascar, Malawi, Sudan, and South Sudan. Stark has offices in London, Nigeria, Ghana, Sudan, and Malta. The Company has oil offtake agreements with China, Korea and other Asian countries. Stark Oil and Gas is currently privately held, but intends to list on a stock exchange in 2014.
For more information about the company visit www.starkoilandgas.com