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TAG cleared to acquire Puka stakeWed, 01 Jun 2016 (from energynews) TAG Oil has been cleared by New Zealand Petroleum & Minerals to acquire an operating stake in the Puka oil field. The company conditionally agreed to buy Kea Petroleum’s 70 per cent stake in the field in February. Yesterday NZP&M approved the transfer and the change of operatorship to TAG Oil subsidiary CX Oil. |
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