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About Us
LNG Energy Ltd. ("LNG") is a Canadian exploration and development company focused on developing the extraordinary oil and gas reserves in Papua New Guinea and Poland. In Papua New Guinea, LNG has assembled a strategic, world-class portfolio of acreage, holding a 100% interest in 5 concessions for approximately 5.5 million acres of prospective oil and gas properties. One of these important concessions is located adjacent to the ExxonMobil led consortium building the $14.0 billion in infrastructure for oil and gas export in PNG.
In Poland, LNG now holds a total of approximately 1.1 million gross acres in 5 separate concessions, including a 20% net interest in approximately 734,000 gross acres (146,000 net acres for LNG) of prospective shales with Saponis Investment sp zoo's ("Saponis") shale gas exploration project, consisting of 3 concessions. LNG's partners in Saponis include BNK Petroleum Inc., Sorgenia E&P S.p.A., and Rohol-Aufsuchungs Aktiengesellschaft. LNG also has a 50% net interest in approximately 360,000 gross acres of prospective shales in 2 concessions in Poland together with Realm Energy (BVI). LNG also owns 100% of BWB Exploration, LLC ("BWB"), holding approximately 7,000 acres of oil and gas leases in the Black Warrior Basin of Mississippi and Alabama.
LNG shares trade on the TSX Venture Exchange under the symbol "LNG".
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