Agreement ‘in principle’ to restart Tamarind production
Insolvent oil company’s administrator will ask creditors for more time.
Tim Hunter
Mon, 09 Dec 2019
Hot Topic
Earnings season
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
Business,
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