Canadian Cheetah in PNG.Canadian corporation Cheetah Oil and Gas Ltd. recently acquired five new petroleum-prospecting licenses in Papua New Guinea Papua New Guinea (păp` ə, –y covering an
area about twice the size of Canada's smallest province, Prince
Edward Island Prince Edward Island, province (2001 pop. 135,294), 2,184 sq mi (5,657 sq km), E Canada, off N.B. and N.S.
GeographyOne of the Maritime Provinces, Prince Edward Island lies in the Gulf of St. . Most of these 8.4 million acres lie along PNG's fertile fer·tile adj. 1. Capable of conceiving and bearing young. 2. Fertilized. Used of an ovum. coastline and have never before been prospected for oil. In total, Cheetah now maintains leases covering 12.2 million acres, making it the largest petroleum exploration company in the country. Through these leases, Cheetah is committed to US$20 million in exploration expenditures before January 2006. Despite this aggressive prospecting program, the Cheetah Oil website and press releases currently make no reference to the company's environmental policies or its relationship with indigenous peoples The term indigenous peoples has no universal, standard or fixed definition, but can be used about any ethnic group who inhabit the geographic region with which they have the earliest historical connection. . |
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