Palmer-led group uncovers major gas fields

MINING magnate Clive Palmer believes he may have uncovered one of the world's largest offshore gas fields worth an estimated $38.7 billion.

The prime ministerial hopeful and Palmer Petroleum chairman says 3D seismic surveys have identified a region off the coast of Papua New Guinea to rival Western Australia's North West Shelf.

He said Palmer Petroleum - Mineralogy Group's oil and gas arm, formerly named Chinampa Exploration - spent more than $50 million exploring its tenements in the Gulf of Papua, west of Port Moresby.

The company, working with British geological company Robertson, conducted surveys and drill hole analysis on an area covering more than 3000sqkm.



Ballina man threatens to drown woman, child in laundry sink

Ballina man threatens to drown woman, child in laundry sink

Police said he smashed the woman's phone and spat in her face

Will we follow Qld and dump recycling bins?

Will we follow Qld and dump recycling bins?

Find our how your council plans to handle the recycling issue

Fury at Minister's silence over subbies' cries for help

Fury at Minister's silence over subbies' cries for help

Minister's silence after offers of help angers unpaid subbies.

Local Partners