Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/by_province/asia_pacific/meo-not-to-assume-operatorship-of-nz-permit-pep511.shtmlMEO not to assume operatorship of NZ permit PEP51153
MEO Australia Limited has been advised by the liquidators of Kea Petroleum Limited (Kea) of the binding conditional sale of Kea’s 70 percent interest in onshore New Zealand exploration permit
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MEO Australia Limited has been advised by the liquidators of Kea Petroleum Limited (Kea) of the binding conditional sale of Kea’s 70 percent interest in onshore New Zealand exploration permit PEP51153 to an existing regional Operator.
The transaction is subject to New Zealand regulatory approvals and MEO’s contractual pre-emption rights.
