Hela governor urges govt. to release equity after Kumul transaction

Hela Governor Philip Undialu called on Prime Minister James Marape, Petroleum Minister William Duma and Kumul Petroleum Holdings Limited (KPHL) to honor their commitment to releasing the 4.27% Kroton Equity to the affected provincial governments and landowner groups. The governor’s statement followed KPHL’s announcement of the completion of its transaction to purchase an additional 2.6%...