Company Strategy

Larus Energy is an oil and gas exploration company committed to maximising results through the effective identification, acquisition, exploration and management of quality conventional oil and gas assets. Larus Energy will seek to combine quality assets with talented people, capital and leading technology.

As part of this strategy, Larus Energy has positioned itself to participate in the forecast growth of PNG’s oil and gas sector.

Larus Energy is primarily focused on PPL 579. The area covered by PPL 579 has had minimal exploration work undertaken over it. Larus Energy’s exploration strategy is to continue to conduct an intensive exploration program over the area covered by PPL 579 and to develop a number of drillable prospects for the next stage.

Larus Energy will continue to assess opportunities to acquire additional assets where they are considered to add to shareholder value.