NEW YORK, March 22, 2012 /PRNewswire/ -- Dahlman Rose
& Company, LLC, a leading investment bank specializing in the
global natural resources supply chain, has announced its
sponsorship as Principal American Liaison (PAL) for Sydney-based New Guinea Energy Ltd (ASX: NGE)
on the OTCQX International Platform under the symbol NGELY,
effective December 8, 2011.
New Guinea Energy Ltd is an oil and gas exploration company
focused on onshore exploration in Papua New Guinea.
"We are delighted to be working with New Guinea Energy,
assisting them to make the most of their listing on the OTCQX
International," said Stephen Nash,
Managing Director and Co-Head of Dahlman
Rose's OTCQX Global Markets Group.
As part of Dahlman Rose's
Principal American Liaison sponsorship, the firm has been retained
to provide a suite of services and will provide the PAL compliance
function for New Guinea Energy's listing on the OTCQX
International. Dahlman Rose's
suite of services distinguishes its PAL sponsorship program by
providing unique insights about the U.S. market environment and the
highest level of aftermarket service to its clients.
ABOUT DAHLMAN ROSE &
CO.
Dahlman Rose & Co., LLC
(MEMBER: FINRA/SIPC) is a research-driven investment bank focused
on energy, transportation, infrastructure, and other industries
that compose the global supply chain. The firm's industry-leading
analysts, bankers, and traders offer unique insight into the
companies and markets that provide the building blocks of the
global economy. Dahlman Rose
provides institutional sales and trading, equity research, mergers
and acquisitions advisory, and underwriting services. For more
information regarding Dahlman Rose,
please visit www.drco.com.
ABOUT NEW GUINEA ENERGY
LTD
New Guinea Energy Ltd (ASX: NGE) is an Australian company
focusing on oil and gas exploration in Papua New Guinea (PNG). New Guinea Energy
possesses one of the last available prospective, onshore,
non-aligned acreage positions in SE
Asia. NGE has 6 onshore Petroleum Prospecting Licenses
(PPLs) covering more than 44,800 SQ KM. More information
regarding these PPLs is available from NGE on their internet
website.
For more information please visit www.ngenergy.com.au.
ABOUT OTCQX
The OTCQX marketplace is the premier tier of the U.S.
Over-the-Counter (OTC) market, providing investors with an
objective measure to distinguish the best OTC-traded
companies. Investor-focused companies use the
quality-controlled OTCQX platform to offer investors transparent
trading, superior information, and easy access through their
regulated U.S. broker-dealers. The innovative OTCQX platform offers
companies and their investors a level of marketplace services
formerly available only on a U.S. exchange. OTCQX provides the
highest level of visibility and access to U.S. investors possible
in the OTC Market.
For more information, please visit www.otcqx.com.
SOURCE Dahlman Rose &
Company, LLC