Kumul Petroleum queries NISIT allegations

The managing director of Kumul Petroleum Holdings Limited, Mr Wapu Sonk, has reacted to the allegations made recently by the director general of National Institute of Standards and Industrial Technology (NISIT). Mr Sonk noted, “I find it difficult to understand how an allegation of lost billions of kina can be made. There appears to be…

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KPHL Closes Santos PNG LNG Project Equity Deal

Today, Kumul Petroleum Holdings stated it had finalised all finance arrangements to conclude the purchase of an additional 2.6% equity in the PNG LNG Project.  Kumul Petroleum Holdings managing director, Mr Sonk, said, “Kumul Petroleum has been able to raise sufficient funds to close the deal for an additional 2.6% interest in the PNG LNG…

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Kumuls squad visits KPHL office

Today was an exciting day – the PNG Kumuls squad visited staff at the Kumul Petroleum Holdings Limited office. During the visit, KPHL Managing Director and PNG NRL Bid Chairman, Wapu Sonk presented coach Justin Halbrook with a framed handwoven Bird of Paradise or Kumul, whilst team members signed a game shirt. We wish the Kumuls a…

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