Scandoil  

MEO not to assume operatorship of NZ permit PEP51153


Published Feb 25, 2016
MEO Australia Limited-2

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.

Tags: MEO Australia Limited




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