Kina Petroleum Ltd is a Papua New Guinea-based oil and gas exploration, development and production company. It operates through various segments. The Petroleum prospecting license (PPL) 337 is located the north New Guinea basin. The PPLs 338, 339 and 340 is situated in the southern Papuan basin which is a hydrocarbon basin and PPLs 435, 436 and 437 lies in the western Papuan basin. Its Petroleum retention license (PRL) 21 is located in the western province of Papua New Guinea and consist of over two wet gas discoveries. The company's PRL 38 lies in the Gulf of Papua and comprises of the Pandora gas fields.