EXPLORATION

Maverick buys Triangle

MAVERICK Energy has executed an agreement to buy Indonesian private company Triangle Energy, which owns the Pase production-sharing contract in Sumatra's Aceh Province, for more than 1 billion shares.

The move will also see the retirement of all Maverick directors while Triangle directors John Towner, Frank Jacobs, Steven Hamer and Lewis Johnson will be appointed to Maverick's board along with Adam...

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