LNG Energy Ltd. announces that it has filed its audited financial statements for the year ended September 30, 2010, the accompanying Management Discussion and Analysis and the Company’s Statement of Reserves Data and Other Oil and Gas Information in accordance with National Instrument 51-101 (51-101F1, 51-101F2 and 51-101F3) with Canadian securities regulatory authorities.
LNG is a Canadian exploration and development company focused on developing oil and gas reserves in Papua New Guinea, Poland and the US. LNG holds a 100% interest in approximately 5.5 million acres of prospective oil and gas properties in Papua New Guinea. LNG also has a 20% net interest in approximately 734,000 gross acres of a shale gas exploration project in Poland together with BNK Petroleum Inc., Sorgenia E&P S.p.A., and Rohol-Aufsuchungs Aktiengesellschaft, and a 100% net interest in BWB Exploration, LLC (“BWB”), which holds approximately 2,235 acres of oil and gas leases in Carter County, Oklahoma and an estimated 21,412 acres of leases in the Black Warrior Basin of Mississippi and Alabama.
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Source: LNG Energy, February 1, 2010;