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Pan Pacific, NZOG to sell Tui

Tamarind is set to own 100% of the Tui Area fields in New Zealand.

Haydn Black
Tui FPSO tanker.

Tui FPSO tanker.

Tamarind will pay $400,000 for Pan Pacific's stake, which means Pan Pacific will make a net payment of $US5.45 million ($A7.1 million) to cover cash and inventory to sell its 15% interest, and in doing...

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