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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Agreement ‘in principle’ to restart Tamarind production

Insolvent oil company’s administrator will ask creditors for more time.

Tim Hunter Mon, 09 Dec 2019

The administrator of oil company Tamarind Taranaki says he has a deal to restart oil production at the Tui field and generate more money for creditors.

The company’s main asset is the depleted Tui field off Taranaki, where production was halted by the Environmental Protection Authority on

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Tim Hunter Mon, 09 Dec 2019
Contact the Writer: thunter@nbr.co.nz
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Agreement ‘in principle’ to restart Tamarind production
General Business,
82005
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