In June 2017 Kapul Petroleum Ltd was awarded exploration licence PPL 610, located in the Papuan Fold Belt, Papuan Basin. The licence application is thought to have been lodged on 17 March 2017 by Kapul. The licence covers an area of 255 sq km over part of the expired PPL 260 licence held by Oil Search. Oil Search was subsequently awarded PPL 545 in November 2017. PPL 610 has been awarded for a period of 6 years and will expire in June 2023. PPL 260 was awarded on 14 March 2005 and covered a total of 6,581 sq km to the north of the PNG LNG fields Juha, Hides and Angore (and recent discovery Muruk). In June 2012 the licence was reduced and split into two blocks. The smaller block area to the west, covering approximately 170 sq km, is now covered by Kapulâs application. PPL 260 expired in March 2016 with a topfile application in place as APPL 545, also held by Oil Search on behalf of joint venture partners JX Nippon and Exxon Mobil. Oil Searchâs application does not include the PPL 610 area, which runs in trend with the PNG LNG gas fields. Kapul Petroleum has been awarded 100% interest in the Petroleum Exploration Licence PPL 610. Exploration licences in the region have been awarded, on average, eight months after applications have been submitted. In the case of PPL 610, Kapul was awarded the licence around three months after the application was submitted. Â 
Papua New Guinea (Papuan B.) (It's a petroleum rights. Please summarize by yourself). In IHS database: PPL 610 op. by KAPUL PET (100.0%) to be check.PPL 545 op. by OIL SEAR P (40.0%, EXXONMOBIL 40.0%, SANTOS 20.0%) to be check.