NZ Oil & Gas clarifies minority shareholders’ complaints
Takeovers Panel says most complaints were ‘matters of opinion.’
Takeovers Panel says most complaints were ‘matters of opinion.’
New Zealand Oil & Gas has clarified the commercial success of an offshore gas prospect following complaints it had been undervalued.
Minority shareholders in the listed oil and gas exploration company are due to vote on a planned takeover from the 70% shareholder, OG Oil & Gas, on November 14.
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