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About Larus Energy Limited

Larus Energy Limited is an Australian public unlisted petroleum exploration company, incorporated in New South Wales, Australia on 23 November 2009, operating Petroleum Prospecting License 579 (PPL579) and Petroleum Prospecting License 695 (PPL695) in the Torres Sub-Basin, in the Gulf of Papua, offshore Papua New Guinea (PNG). The company has positioned itself with a dominant acreage position in the relatively un-explored emerging offshore sector of PNG where large prospective hydrocarbon resources are expected.