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Junior cashes in

PAN Pacific Petroleum is selling out of Vietnam following its exit of the Tui Area oil project in New Zealand, transforming itself into a cashed-up shell with an eye for new investments.

Haydn Black
Junior cashes in

The company will complete the sale of its 5% interest in Block 0703 and the undeveloped Ca Rong Do oil and gas project to its partner, Repsol.   The company will pocket $5 million from the sale, and...

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