What we are:
PNGexchange provides a web-based service to landmen and other oil and gas professionals looking to acquire or dispose of properties. PNG Exchange benefits companies looking to divest properties by allowing the user to tailor their posting to their desire, while reaching the maximum number of interested parties in the marketplace. Conversely, it allows an acquiring company to see which properties are available throughout the industry. PNG Exchange is the quickest and most cost-effective way for disposing and acquiring parties to come together.
How it works:
Anyone can view available properties on the website at no cost. For one annual fee, companies are entitled to have as many users as they desire post an unlimited amount of properties. PNGexchange does not get involved in transactions and does not charge a commission or fee if transactions are completed.
Why use PNGexchange:
- Easy to use - you can post a property available for sale, farmout, lease, or other deal type in 5 to 10 minutes
- Convenient - you can post properties yourself. This also allows you to add, edit, update and remove properties at any time instantly.
- Time effective - it saves you valuable time and energy. No longer will you have to send out mass e-mails of your divestments to industry or cold call your competitors. The initial and nominal effort of posting on PNG Exchange will ensure maximum viewing by industry.
- Cost effective - thorough market research ensures that the cost to your company is the lowest among industry. This is the most inexpensive form of advertising within oil and gas. There is no need to purchase space for certain ad sizes or time frames. Properties will be posted for as long as required, or as little time as it takes.
- Central - it is the place companies look for available properties.
- Multiple Uses - Expiring acreage, properties for sale, farming out operations notices, section 18 notices, well abandonment candidates, seismic options and more.
PNG Exchange Ltd.