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NEW ZEALAND

OMV joins PEP 51313 JV

OMV New Zealand has taken a 30% interest in the PEP 51313 licence that covers 2628sq.km in the Ta...

Noel Dyson

Its farm-in agreement for the project is still subject to regulatory approval. Besides OMV, the 51313 joint venture partners are Todd Exploration (35%), Horizon Oil (21%) and Cue Taranaki (14%). These...

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