Petroleum Resources Moran Limited

Petroluem Resources Moran Limited (PRM) is a land owner company incorporated to participate in the Moran Oil fields in Southern Highlands Province, Papua New Guinea. PRM is comprised of many incorporated landowner groups and further sub divided into tribes and clans. The main land owner group comprises PRG are the Homa Pawa Landowner group from Moran and South East Mananda.

PRG undertook strategic approach to invest its surplus funds received as royalties and equity in feasible diversified investments to generate sustainable benefits for future generations. The incomes generated are then reinvested to increase PRM’s total investment portfolio to meet its set objectives.

In 2009 PRM under management of total portfolio valued at K21.6 million

Table 1.3 PRM Portfolio value by year

PRM TOTAL INVESTMENT PORTFOLIO VALUES FOR PERIOD 2006 - 2009
Year Portfolio Value (K’million)
2006 8.1
2007 13.1
2008 17.5
2009 21.6


Graph of PRM’s Investment Portfolio



Historically the portfolio recorded a steady growth around 63% in 2009 by K13.5 million from K8 million in 2006 to K21.6 million in 2009.