Company Overview

South Pacific Resources Ltd ACN 073 099 171 (ASX: SPB) is an oil & gas exploration company. Our mission is to build shareholder value by exploring for and developing conventional and unconventional oil & gas resources principally in PNG.

South Pacific Resources Ltd operates and holds a 100% working interest in five petroleum exploration licenses in PNG that cover a total area of 11,972km2 in both onshore and offshore settings. Four of these licenses are in the Papuan Basin. They are located close to existing producing oil and gas fields and associated production infrastructure. The fifth is in the Cape Vogel Basin, a lightly explored offshore frontier basin where natural oil & gas seepages have been reported.