Friday, October 16, 2009

Gurias' proud track record

Caption: The Gurias arriving at Kokopo with the then SP Cup in 2005

 

The NGIP Agmark Gurias (previously under different names) have been participating in the PNG intercity rugby league competion since its inception in 1990.

 Recruitments over the years have included the likes of John Waka, Kom Rumints, Peter Dun, Stanley Sukot, Menzie Yere, Opisa Pomba, Michael Angra, Ricky Sibiya, Michael Marum, Tuksy Karu, Chris Lome, Baltasa Lome, Raynold Balele, Dusty Mockley, Jessie Alunga, Andrew Buka, Rolly Matalau, Daniel Kulmat, Velarin Akeria, James Soatsin, Stanis Kale, Kelly Nopi and Giamuki Tau. 

Many of these players have either represented the Kumuls in the past or advanced on to represent the Kumuls.    

Gurias have had a good record over the history of the PNG Intercity Rugby League Competition, formerly known as the SP Cup, now known as the bemobile Cup.

 The Gurias’ proud history includes the following;

 

·        1999    -    Runners up                         Coached by Jeff Wade

·        2000    -    Runners up                         Coached by Jeff Wade

·        2001    -    Premiers                             Coached by Jeff Wade

·        2003    -    Premiers SP Shield  Coached by Michael  Marum with Wesley Wynm co-coach

·        2004    -    Runners Up SP Shield       Coached by Michael Marum with Wesley Wynm co-coach

·        2005    -    Premiers                             Coached by Norm Norris (NGIP Agmark took over)

·        2006    -    Finished 3rd                        Coached by Norm Norris

·        2007    -    Runners up                          Coached By Michael Marum

·        2008    -    Finished 4th                        Coached by Michael Marum

 

My first US$100 with Adsense

I'm feeling good today because I've just made my first US$100 with AdSense.
It took me about a year to get this far, and although I started off very slowly, I've picked up quite dramatically over the last couple of months.
This is yet to be confirmed, however, I may be the first Papua New Guinean who has made this much money with Adsense.                                                                                                                  I have chosen not to pick up the money immediately but let it all accumulate for a rainy day.
Thanks to Google and Blogspot for making all this possible.

Malum

Muscleman David Mugarenang

Muscleman David Mugarenang, from Finschhafe, Morobe province, flexing his muscles at a bemobile Cup grand final dinner at the Crowne Plaza in Port Moresby last night.
Australian rugby league refereeing legend, Bill Harrigan, who will control Sunday's grand final between Enga Mioks and Rabaul Gurias, was the guest at the dinner and reminisced on his long and colouful career as a whistle-blower.

Kokopo's new kid on the blog

Another newcomer on the Papua New Guinea blogging scene is Kokopo 2010 - http://kopex-aigir.blogspot.com/ - run by someone in the construction industry, Daniel Tomit, which focuses solely on new construction and developments in Rabaul, Kokopo and the East New Britain province.

Way to go Daniel, and I’d like to see more such bloggers emerge from every nook and cranny in our diverse, beautiful and exotic country.

We bloggers can make a change in Papua New Guinea!

Thursday, October 15, 2009

APEC Business Advisory Council supports a conclusion of the Doha Round but warns of risks to WTO's relevance

Issued by the APEC Business Advisory Council (ABAC)

Geneva, Switzerland, 14 October 2009 - The APEC Business Advisory Council (ABAC) has warned that business interest in the multilateral process is waning and that the WTO may be perceived as less relevant, if a conclusion to the Doha Round is further delayed.

Earlier this week, ABAC members met with WTO Ambassadors and Director-General Pascal Lamy in Geneva, to express their support for a rapid conclusion of Doha and to convey their strong belief in the primacy of the multilateral trading system.

While business generally supports the multilateral process and the WTO, explains Tony Nowell, ABAC Liberalization Working Group Chairman, scepticism has been steadily rising because of the widening gap between rhetoric and action.

Conversely, he says, support has been growing for the establishment of a Free Trade Area of the Asia-Pacific (FTAAP).  APEC Leaders have instructed officials to develop specific recommendations for moving forward on an FTAAP, an idea espoused by ABAC since 2006.

“While an FTAAP and the WTO are not incompatible – both will go on regardless of the outcome of Doha – it does take away focus on the Doha Round and forces business to adapt to new challenges that the WTO has yet to consider. There is real danger that the WTO’s relevance may be questioned if it is not in a position to have any influence on these issues – particularly now that the supply chain business model has become the norm.”

According to Teng Theng Dar, Chairman of ABAC 2009, the APEC Leaders’ Meeting in Singapore in November may be a golden opportunity to declare a commitment to complete the Round on time, given the presence of Leaders of economies that account for almost half the world’s trade and including the USA, China and Japan.   

“With the global economic recovery still fragile and business and consumer confidence still unstable, any signal, whether positive or negative, is going to be magnified in its impact. It is therefore critical that the news coming out of Geneva be positive.”

The message that ABAC heard in Geneva is generally positive, he explains, but not without caution:

“We are told that completion of the Round by 2010 is indeed possible but that several things will have to happen within a relatively short period of time. In terms of the process itself, all technical issues should be settled by late this year. On the substantive issues of the negotiations, it seems that movement from the major players – particularly the USA – is key to progress.”

Incoming ABAC Chair Gempachiro Aihara, said that the while the new Japanese government has yet to unveil its economic and trade policies, past experience suggests that these policies will favour positive engagement with the global economy. He expressed optimism that, as host of APEC in 2010, Japan will take a leading role in achieving progress in both APEC and the WTO.

ABAC was created by APEC Leaders to provide a business perspective on regional economic integration. Members are appointed by the Leaders of each APEC member economy.

For more information, please contact:

Mr. Martin Yuoon, ABAC Executive Director 2009 at (+65) 6827 6886 or at mkhyuoon@sbf.org.sg

Mr. Antonio Basilio, ABAC Secretariat (+63-2) 845 4564 or at abacsec@pfgc.ph

Ms. Tran Bao Ngoc, APEC Secretariat (+65) 6891 9616 or at tbn@apec.org

 

 

InterOil strikes another bonanza at Antelope 2

Antelope 2 appraisal well confirms extent of reef reservoir

 

PORT MORESBY, October 15, 2009: INTEROIL Corporation today announced that drill stem test (DST) Number-1 in the Antelope-2 well at Upper Purari River in Gulf Province tested natural gas and condensate at a rate of 14.1 million cubic feet of gas per day with 16.5 barrels of condensate per million cubic feet.

The test was conducted in the open hole interval from 6,011 feet (1,832 meters) to 6,175 feet (1,882 meters) through a 35/64 inch choke with flowing tubing pressure of 2,070 pounds per square inch.

The gas flow rate was significantly limited by the 3/4 inch downhole DST equipment.

Prior to initiating DST Number-1, the well was cored from 6,057 feet (1,846 meters) to 6,175 feet (1,882 meters) and 117.5 feet (35.8 meters) of 4 inch core was successfully recovered (99.4%

recovery).

“We believe that the core sampling indicated very good visual porosity and vugs (small to medium sized cavities inside the core) from the reefal reservoir,” stated Mr Phil Mulacek, chief executive Officer of InterOil.

“We believe that the core demonstrates excellent visible porosity and the core sample closely resembles the reservoir quality demonstrated by the flow test at Antelope-1.

“In addition, the DST and core confirms the presence of reefal dolomitisation 345 feet higher than expected and 2.23 miles from the Antelope-1 well.”

The primary objectives of the Antelope-2 well are to:

  • penetrate the southern margin of the Antelope Reef and determine the extent of the dolomite cap or higher porosity limestone reservoir predicted from seismic evaluation; and
  • investigate the lower transition zone to further quantify and evaluate the nature of the fluid contacts in the southern extent of the field, in particular providing more information on the vertical extent and any commercial potential for either a heavy condensate or oil leg.

 

For further in formation please contact

 

Susuve Laumaea

Senior Manager Media Relations InterOil Corporation

Ph: (675) 321 7040

B-Mobile: (675) (7) 684 5168 /Digicel: (675) 72013870

Email: susuve.laumaea@interoil.com  or at slaumaea@digicelpacific.blackberry.com

 

"Mioks in crisis" - a myth

By *PHILIP KEPSON

When the print media published at their prestigious back page a news story with a headline“Mioks in crisis” on the wholesale sacking of the team officials towards the end the first round of the bemobile Cup challenge, patrons of the team were obviously baffled.
Some of them said: “What the hell is going again”, while some said, “Just give up with this Mioks, and forget them”.
Such remarks were inevitable particularly following their daunting performance in the previous two years with allegations of rape and airport brawl incidents involving players of the team.
However, the patron and strong advocate of the team Governor Peter Ipatas and major sponsor, Ela Motors, were charily briefed by the board before the team manager, the head coach, trainer and three players were presented with their marching orders.
In fact, the board under the chairmanship of Robert Ganim, told the Governor and the sponsors that they were coming up with the hard decision on reasons directly related with discipline to protect the team.
Thus, the board did not waste time in recalling former coach Toksy Nema, expoliceman Peter Kapi as team manager and former Kumul Centre Paul Gela and young Norman Simon of the Wabag rugby league as trainers.
They were given clear instructions before allowing them to take charge of the team with strong emphasis on discipline and commitment while telling the players not to stick their nose into the board’s decision.
Soon after the changes, the team went on to record rousing victories against most resilient teams like Mt Hagen Eagles, Mendi Muruks and Lae Bombers as there was apparent sign of desirable improvement in discipline among officials and players.
When the team continued on with its winning spree in matches both at home and in Lae with credible score lines, any speculation that the team was heading for a disaster started to disappear as thousands of Engans from four corners of the province flooding into Johnson Siki oval on Sundays to grant the much-needed support, receptively led by their illustrious provincial leaders including Governor Ipatas, Paul Kurai, Gutnius Lutheran Church Bishop Rev David Piso, Yasua Kome, senior public servants, Wabag town residents and other prominent figures.
In fact, the team that absurd critics and the media speculated to be heading for a disaster received supplementary morale boost when the small business houses in the province, the meticulous public servants and their gracious cosponsor, the Enga provincial government committed over K100,000 to subsidise entrance (gate) fees to encourage more people to come and watch and provide their support in the last four home games which gainfully saw Mioks recording an all out win of their home games to comfortably finish second on the competition ladder of the first ever bemobile Cup with 20 points after Rabaul Guira on 22.
The excitement among local supporters did not stop in Wabag when the competition authorities scheduled all Toyota Mioks final matches against Mendi Muruks, Goroka Lahanis and Masta Mak Rangers to be played in Lae.
The supporters in the province swiftly mobilsed themselves with over 200-500 vehicles including 40 buses and booked out hotels and guest houses in Lae to urge their much-loved team on, which consequently saw the Muruks and Rangers getting belted out of the race while narrowly losing to Lahanis before they paid back in the major semi final showdown last Sunday in Port Moresby with a convincing 18-10 score line.
Despite the victories, particularly with the excitement reaching greatest heights, there were instances of disasters including three car accidents along the Highlands Highway involving over 50 men and women who sustained minor injuries, smashing of car windscreens by hooligans on the road during night travels and lavish spending of their money on the trips to Lae, the enthusiasm continued to become an overriding factor.
Added to the strong support base in Enga were sincere backing by people from the five Highlands provinces including a faction of Sepiks in Lae as the Toyota Mioks team this year is composed extensively of players from various parts of the Highlands region.
Not only the Highlands region but it has also players from Lae where one of them is from Sepik or better known as "a Sepik from Lae" .
In this way, when the team wins, grand celebrations are held in Mt Hagen, Mendi, Kagua, Jiwaka, Goroka, Asaro, Henganofi, Enga, Kundiawa, Sinasina and Lae where the players’ relatives and supporters live.
On the whole, when the players were recruited from the popular Coca-Cola Ipatas Cup in the beginning of this year (before the competition started), to make it to the grand final was not in their mind as the players were from unknown rural leagues.
But Governor Ipatas told them during a Coca-Cola Ipatas Cup presentation night in Wabag after the new team was announced that one of the reasons for forming the Coca-Cola Ipatas Cup was to tap into the hidden talent in the rural sector of the country to give equal opportunity to those who had been overlooked for many years.
He said he had all the confidence that his new team would become competitive in the bemobile Cup challenge.
“I have all the confidence that you will become a competitive team with players from the towns that are participating in the semi professional team. Lift your heads and think positive towards taking on this challenge,” he told the players.
After that, Governor Ipatas held a meeting where he made a few changes to the membership of the board and gave them the challenge of taking on the new team to be successful in the competition.
Despite Governor Ipatas’ confidence in his team, the team under the circumstance started as underdogs with a bunch of unknown players.
However, Governor Ipatas and his new board kept holding their heads high with regular meeting and doing what they thought was best to shape up the team with the aim of proving all critics wrong one day.
Congratulations to Governor Ipatas and his hard working board members, sponsors and supporters for basically doing that (proving critics including the media wrong) when they emerged from nowhere in the competition to be on the top to make the grand final of the prestigious bemobile Cup.
The Toyota Miok board deserves a special credit for taking one of the biggest risks ever to endorse a wholesale sacking of the officials, which later paid off with the greatest reward of seeing a bunch of unknown players beating all odds to qualify eventually for the grand final of the exalted bemobile Cup.
As the two teams, Toyota Mioks and Rabaul Agmark Guria, are moving closer to the greatest showdown on Sunday, the supporters in both camps are gearing up to cheer on their teams, while the Mioks in particular think that if they were the first to bury the Gurias in their own graveyard in 2000 in the former SP Cup with an 8-6 score line in Kokopo before they went onto belt them further with 20-16 in the grand final in the same year, they should be confident of repeat that on Sunday.
Well, let’s wait and see the best team wins.

*Philip Kepson is publicity officer of the Enga Mioks

Wednesday, October 14, 2009

Winning is the name of the game for Gurias in bemobile Cup final

By BURI GABI of The National, Papua New Guinea's No. 1 daily newspaper

ANY competition starts with everyone wanting to win the title at the end, and the 2009 bemobile Cup is no exception.
NGIP Agmark Gurias team manager Ted Vere said this as his team prepares to play Toyota Enga Mioks in the bemobile Cup rugby league grand final at the Lloyd Robson Oval in Port Moresby on Sunday.
“I directed my boys to win all the seven home games at the ‘graveyard’ at the Kalabond rugby league ground in Kokopo, and at least win four away matches to secure a finals spot in the cup battle,” Vere said,
“But my boys have done extremely well to secure the first grand finals, and to add the icing, claiming the minor premiership tag for this year.
“Our aim now is to take home the cup to Rabaul to our rugby league-loving fans.”
The Gabagaba, Central province man, has adopted well in his new job and has successfully helped steer the Gurias into yet another grand final.
In 2005, the Gurias took the then SP Cup to Kokopo after defeating the Brian Bell Bulldogs from Port Moresby.
This year’s grand final appearance is the talk of Kokopo, with die-hard fans wanting nothing than the return of PNG rugby league’s Auld Mug to the land of tubuans, dukduks and volcanoes.
Hence the Gurias wanting nothing nothing less than to stand on the victory dais come Sunday.
“The victory is for our sponsors, the people of New Guinea Islands, and families of the dedicated players in the squad who have been together over last 14 weeks,” Vere said confidently.
Coach Michael Marum and Vere have been working extra hard over the last two weeks to get the boys together and bolster them to claim the bemobile cup.
The Gurias are not treating this game as anything special and are doing their normal preparations.
Vere says for for the Gurias to win, it will be a team effort from all 17 players and the big guns Diyon Aiye, George Moni, Kot Kerua, and Rodney Pora.
 Rolly Matalau, Boas Ruru, Pidik Tongap, Channel Aquila and sneaky hooker Sakias Kambange are others who will be counted on.
“All our fans have been telling us to win this Sunday because both our U16 and U19 NGI teams have won this year’s zone titles, and to finish the year on the high note, it is the senior team who must claim the bemobile Cup competition,” Vere said.
He’s says it’s a big ask but the Gurias will be out to do the job.

Enga's pride wants the bemobile Cup

By BURI GABI of The National, Papua New Guinea's No. 1 daily newspaper

THE pride of Enga, Toyota Mioks, want nothing less than the bemobile Cup when they take on bitter rivals Agmark Gurias in the bemobile Cup grand final at the Lloyd Robson Oval in Port Moresby on Sunday.
Mioks’ Captain Courageous David Ako is determined to win for the people of Enga, major sponsor Ela Motors and diehard supporter and Enga Governor Peter Ipatas.
This is despite the myriad of controversies which have beset the team this year.
“We been sleeping and eating together at the Sopas Adventist centre over the last 14 weeks, despite the controversial issues that affected the team and the camp,” he said.
“I’ve told my boys to play rugby league and give back the best results to the people of Enga.
“Let the board and management deal with those issues.”
He said his players had stood together as a despite despite all the setbacks.
Sunday’s game will be a repeat of the 2000 grand final in which the Mioks rode roughshod over the Gurias.
The men from the land of tubuans, dukduks and volcanoes look the have the more-experienced side with seasoned campaigners George Moni, Rodney Pora, Chris Purkikil, Chanel Aquila and Lasan Marabe leading the pack.
 Ako is banking on the raging bull David Loko, Timothy Clement, Jonah Mackey, Miok Anjo and creative halfback Mose to lead by example.
With PNG Resident Kumuls halfback Mai Tom and regular five-eight James Meninga back from injury, the Mioks will prove a hard nut to crack for the Gurias.
“It’ll all boil down to defence, which has been a key aspect of our recent victories, as well as ball control,” Ako said.
“We’ll be giving it our all to take the bemobile Cup back to Enga.”

bemobile reflects on the year that was

By STELLA BITA of bemobile

“It was a challenge not knowing what we were going into but good support from the previous sponsors and the national community helped pull us through the year.”
This was the response by bemobile’s deputy CEO John Papazian (pictured) on the first year of sponsorship by bemobile for the bemobile Cup.
The bemobile cup will finally come to a close for the year 2009 on Sunday, Oct 18, after the grand final match between Rabaul’s Agmark Gurias and the Enga’s Toyota Mioks. 
This comes after 18 challenging weeks of co-ordinating bemobile Cup games held in four main centres of the country.
But for bemobile, this first year of sponsorship, though challenging, was a great learning opportunity for both the management and the staff of the mobile company. 
“The bemobile cup competition is one that is growing from strength to strength,” Mr Papazian said.
“The sponsorship by bemobile enabled the competition to become a flagship event, hence, promoting bemobile provincially and regionally.
“All in all it was great learning opportunity.” 
bemobile’s move to sponsoring the cup was based on a more family-oriented perspective.
  bemobile, as the major sponsor, had the intention of making the games more family-oriented with rugby league one of the most-liked sports in the country. 
bemobile’s chief commercial officer, Chris Raps, says bemobile is still looking into means and ways of improving and encouraging crowds, particularly families, at the bemobile Cup games.
 “Sport, basically any sport, is a social and economical tool for the country, but we here at bemobile have opted to sponsor rugby league as it seems to have a great impact in PNG,” he said.
The bemobile cup competition was launched on June 4, 2009, at the Lamana Gold Club in Port Moresby by the NCD Governor, Powes Parkop, and witnessed by many corporate and statutory heads.
The competition began on June 21, 2009, with a match between the two city Teams, CIVPAC Vipers and Masta Mak Rangers, at the Lloyd Robson Oval.
 The Official kick off was performed by bemobile board chairman, Anthony Smare (pictured).
Matches were also played in Lae, Goroka and Wabag.
With this year’s competition over and done with, bemobile is hopeful to put into action what they have learnt throughout the first year of sponsorship and make the bemobile Cup competition bigger and better next year.

Papua New Guinea National Rugby League thanks sponsors and Franchise companies for job well done

By STELLA BITA of bemobile

The Papua New Guinea National Rugby League is certain that next year’s bemobile cup competition will be bigger and better. 
Operations manager for bemobile cup, Joe Tokam, made this known when expressing his satisfaction about the entire competition.
 “2009 competition went smoothly,” he said.
“I would like to thank the supporters and spectators of the franchise teams for supporting in good spirits and enhancing a peaceful atmosphere throughout the season.”
He said the reports on riots and disturbances throughout the competition were minor compared to previous incidents in the earlier competition. 
He was impressed with the franchise companies for a job well done.
“The franchise companies did very well despite the fact that the league fraternity was not properly organised and I would like to express gratitude to franchise owners for sponsoring their teams,” Mr Tokam said.
He outlined that this year, the competition started very late, therefore, clashing with the international matches scheduled in October.
 He said for 2010, the competition would begin in early May, so that there was no clash on venues during the bemobile tournament.
Meanwhile, Mr Tokam is still working on a strategy to help increase the cash flow in all centres where bemobile tournaments are held.
He said to date, only Port Moresby and Lae were up to date on cash flow takings, but the other centres were yet to pick up.
“I am thankful to the bemobile staff for their time and efforts in coordinating the games,” Mr Tokam said.
“Thank you for your tireless efforts in making the bemobile cup 2009 a success up till the grand final.
“The grand finale will put a halt to the tireless weekends and sleepless nights that many of the staff went through.” Mr Tokam said.
bemobile will be sponsoring the competition over a three year period and spending over K600, 000 per year.

 

Has Papua New Guinea gone backwards or forwards since independence in 1975?

Results of my latest poll:

Forward 3 (15%)
Backwards 13 (68%)
No opinion 1 (5%)
Don't know about the issue 2 (10%)

Tuesday, October 13, 2009

An afternoon drive outside of Port Moresby

Rundown Ilimo Farm at 15-Mile

Bluff Inn, 17-Mile

Bar at Bluff Inn alongside the picturesque Laloki River

View from the vehicle

16-Mile

Bucolic roadside scenery

I took an afternoon drive today to the Bluff Inn, at 17-Mile outside Port Moresby, and really enjoyed the countryside and picturesque rural scenes, and so close to the city.

Try it, you won't regret it!

Monday, October 12, 2009

Downtown Port Moresby on Monday October 12, 2009

The traffic bottleneck as you try to make your exit towards Harbour City

Nambawan Super development as seen from Crowne Plaza

The view as you drive down from Crowne Plaza, the 14-storey Deloitte Tower, Port Moresby's current tallest building, to your left

Steamships' new property development in downtown Port Moresby

Traffic and people everywhere

The colourful new-look Bank South Pacific

Looking down towards the port

Rising from the ashes...the Burns Philp tower after its recent burning

InterOil committed to proposed LNG project in Papua New Guinea

Antelope 1 flaring on March 3 this year

By SUSUVE LAUMAEA

· Company pleased with support received from Prime Minister and Minister for Petroleum and Energy

· InterOil LNG Project expected to generate competitive economic returns and create thousands of new jobs and economic benefits for Papua New Guinea

· InterOil LNG Project offering PNG 45% equity and 20 million tonnes of gas per year as domestic market obligation for PNG To use at its pleasure

· InterOil is committed to stay in PNG as an investor and development Partner for the long haul

· Independent resource evaluations from GLJ Petroleum Consultants Ltd and knowledge reservoir already provided to Papua New Guinea Officials

INTEROIL Corporation has confirmed it would develop a liquefied natural gas (LNG) project in Papua New Guinea soon to underpin its commitment as a long-haul investment and development partner.
The InterOil confirmation is intended to re-assure the government and Papua New Guineans that InterOil has no desire to pull out of PNG in the face of political pressure being applied by a small group of Cabinet Ministers claiming to represent the best interests InterOil’s industry competitors.
“InterOil is a wholly PNG-based energy house and is here in PNG to stay for the long haul as an investor and as a development partner,” said InterOil CEO and chairman Phil Mulcek.
InterOil and its joint venture partners, Petromin PNG Holdings Limited and Pacific LNG Operations Ltd., have submitted a project agreement to the government of PNG for the construction of a proposed LNG plant in Port Moresby.
The Prime Minister of Papua New Guinea, Grand Chief Sir Michael Somare and the Minister for Petroleum and Energy, William Duma, have stated their support for the proposed project and associated agreement.
As previously announced, the proposed LNG project targets a $6.0 billion two-train LNG facility, with each train capable of producing approximately 4 million tonnes of LNG per annum.
Current plans call for first production of LNG towards the end of 2014 or beginning of 2015.
“We are pleased with the support that our proposed project and associated agreement have received from key government officials,” Mr Mulacek said.
“By creating thousands of new jobs and other economic benefits, InterOil’s project has the potential to provide significant prosperity to the people of Papua New Guinea for years to come.”
The proposed LNG project is expected to have competitive investment returns compared to other projects under consideration in the region.
In particular, the high total volume of liquid content of the hydrocarbon resources estimated at the Elk/Antelope field as well as existing infrastructure in place, including the 99-year lease on government owned land for the LNG facility, deep-water harbour rights, jetty system with two berths for loading and off-loading ships, electricity, housing and roadways support the cost-competitiveness of the project and are expected to enhance investment returns when compared with other projects under consideration in the region.
Additionally, InterOil’s wells in the Elk/Antelope field are located in moderate foothills terrain, close to the coast and LNG plant site at Port Moresby, low in contaminants, and geographically protected from most weather disruptions.
At least 5,000 jobs are expected to be created at peak construction of the InterOil facility.
Economic returns from the project are expected to help fund public infrastructure and community services in Papua New Guinea, such as education and health, and provide income to land owners.
In addition to the previously-noted support received from the Prime Minister of Papua New Guinea and the Minister for Petroleum and Energy, the proposed project and associated agreement are also supported by other key members of the PNG government.
To support the project agreement, InterOil has recently provided two separate independent resource evaluations, one developed by GLJ Petroleum Consultants Ltd. and one developed by Knowledge Reservoir.
“Based on two separate independent resource evaluations prepared for InterOil and recently provided to Papua New Guinea officials, as well as the company’s own results attained to date, InterOil believes that the likelihood of further successful exploration efforts for more gas and gas condensate, and for the potential discovery of oil in commercial quantities, have increased,” continued Mr Mulacek.
“Like the Prime Minister, we recognise how important this project is to the development and reputation of Papua New Guinea.
“We remain committed to moving forward with this project and support the Prime Minister’s recent call for two projects to be developed at the same time.”

About the Elk/Antelope Field


InterOil has three exploration licenses surrounding the Elk/Antelope field onshore in Papua New Guinea; these licences cover a total area of approximately 4 million gross acres, of which InterOil is the operator.
Since late 2006, InterOil has drilled three gas or gas and condensate wells in the Elk/Antelope field and, in so doing, has established its wells as the first, second and third highest flow rates for onshore gas wells in PNG.
After preliminary testing for several weeks in March 2009, the Company’s Antelope-1 well flowed at 382 million cubic feet of natural gas per day (MMcfd) with 5,000 barrels of condensate per day (BCPD) for a total 68,700 barrels of oil equivalent per day (BOEPD).
GLJ Petroleum Consultants Ltd, an independent qualified reserves evaluator, prepared an evaluation of the potential resources of gas and condensate for the Elk/Antelope field, effective as at Dec 31, 2008 (the “GLJ Evaluation”) in accordance with the definitions and guidelines in the COGE Handbook and the Canadian Securities Administrators’ National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities.
A summary of the GLJ evaluation is included in InterOil’s Annual Information Form for the year ended December 31, 2008, a copy of which is located at http://www.sedar.com/.
Additional data from the drilling of the Antelope 1 well has been obtained since Dec 31, 2008, which data is included in the evaluation prepared by Knowledge Reservoir of the potential resources of gas and condensate for the Elk/Antelope field, effective as at March 31, 2009.
Knowledge Reservoir is not an independent qualified reserve evaluator; as such term is defined in NI 51-101.
Based on these evaluations, as well as company results attained to date, InterOil believes that the likelihood of further successful exploration efforts for new gas and gas condensate, and for the potential discovery of oil in commercial quantities, has increased.

About InterOil


InterOil Corporation is developing a vertically integrated energy business whose primary focus is PNG and the surrounding region.
InterOil’s assets consist of petroleum licenses covering about 4.6 million acres, an oil refinery, and retail and commercial distribution facilities, all located in PNG, where the company has invested more than K2 billion to date.
In addition, InterOil is a shareholder in a joint venture established to construct an LNG plant on a site adjacent to InterOil’s refinery in Port Moresby/
InterOil’s common shares trade on the NYSE in US dollars.
The company is headquartered in Cairns, Australia and has offices in Houston, Texas, Port Moresby and Singapore.

Papua New Guinea political satire

Check out the political cartoons posted on website: http://s684.photobucket.com/albums/vv208/GTMaio/?action=view&current=PTT.jpg
You can scroll through the contemporary years and click on them to enlarge the image.

Sunday, October 11, 2009

Victors and the vanquished

Victors and the vanquished...Celebrations among Toyota Enga Mioks players amidst folorn scenes among Bintangor Goroka Lahanis after today’s do-or-die bemobile Cup

rugby league clash at the Lloyd Robson Oval in Port Moresby. Mioks take on Agmark Rabaul Gurias in the grand final next Sunday.-Pictures by MALUM NALU

Victorious Enga Mioks after today's do-or-die bemobile Cup game against Goroka Lahanis

Goroka's 'chocolate soldiers' don't melt in battle

Captions:1. Goroka’s Captain Courageous Nigel Hukula congratulates the Mioks.2: The Goroka Lahanis before doing battle. 3: Forlorn Goroka players being consoled by coach Peter Danga (back to camera).-Pictures by MALUM NALU

At the beginning of this year’s bemobile Cup competition, in the rugby league-mad town of Goroka, the Bintangor Goroka Lahanis were disparaged as a bunch of “no-hopers”.
The side was put together at the 11th hour, after local business house Bintangor Trading came in, when the Lahanis were on the verge of being dumped from the competition because of no sponsor.
How wrong these prophets of doom were, as Goroka’s ‘chocolate soldiers’, who they said would melt in the heat of battle, proved them so wrong.
At the Lloyd Robson Oval paddock yesterday, their supporters were outnumbered by legions of Mioks fans, including local ‘royalty’ in the likes of Enga Governor Peter Ipatas.
They walked off the paddock after 80 minutes gallant in defeat and proudly wearing the red badge of courage.
Captain Courageous Nigel Hukula, the ‘outsider’ who has become a hometown legend in Goroka, was philosophical about the loss.
“Half of the team are newcomers and no one gave us a chance at the beginning of this year,” he said.
“It’s a real credit to these young guys.
“It’s disappointing but it’s also a plus for rugby league in Goroka.”
Hukula gave kudos to the Mioks for being the better side on the day.
“It’s disappointing,” he said.
“We came here prepared after last week’s game, however, the Mioks wanted it more and they capitalised on our errors.”
Goroka coach Peter Danga concurred with Hukula.
“About 70% of the boys are young and inexperienced,” he said.
“At the end of the year, we became a formidable team and a force to be reckoned with.
“I thank all the boys for their effort.
“We’re looking forward to better things next year.
“We’ll come back bigger and stronger.
“I thank all our supporters here in Port Moresby and back home in Goroka.”
Enga coach Toksy Nema, who paradoxically is an Eastern Highlands, gave a vote of thanks to the vanquished.
“I must say ‘thank you’ to Goroka Lahanis for giving us a good game,” he said.
“We came here purposely to win this game and that’s exactly what we did.
“The boys played according to game plan, although they made some handling errors.
“Our training for the grand final starts today.”
Enga 18 (Jason Tali 2, James Gend, Thomas Kumgi tries; Joe Goni 3 goals) bt Goroka 10 (Kevin Iganufa 2 tries; Walter Hasu goal). Scrums: Enga 11-7. Penalties: 7-7. Referee: Moses Tolingling (Port Moresby).

Enga Mioks into bemobile Cup grand final

Toyota Enga Mioks shot into next Sunday’s bemobile Cup grand final with an 18-10 win over Bintangor Goroka Lahanis at the Lloyd Robson Oval in Goroka today.

Details and pictures to come.