16 January 2012
TAG Oil Haemorrhaging
Canadian oil company TAG Oil has lost 30% of its
value in the two days since the announcement it had lost
East Coast exploration partner Apache Corporation.
seems to be around $70 million dollars a day" said Manu
Caddie, a Gisborne District Councillor who has raised
concerns about the risks of drilling in the East Coast
"So they are in free-fall and still putting on a
brave face that they can carry on in the East Coast Basin
without the $100 million Apache contributed, without the
exploration experience and expertise Apache offered and if
this haemorrhaging continues for another couple of days, it
will be without any company value
© Scoop Media
Hager Revelations: Inquiry Into NZSIS Release Of Goff Docs
The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, announced she would be instituting an inquiry concerning allegations that the New Zealand Security Intelligence Service (NZSIS) might have released official information to Mr Cameron Slater, regarding briefings provided to the then Leader of the Opposition, for political purposes...
“I am satisfied there is a sufficient public interest justifying the commencement of an own-motion inquiry into the substance of the issues raised with my Office,” said Ms Gwyn. More>>
Goff: Director’s Letter Contradicts Key’s Claims
At yesterday’s media standup, when asked on the topic John Key said ‘I wasn’t told’...
“In a letter dated November 2011 former SIS director Warren Tucker states three times that ‘in accordance with the usual practice of keeping the minister informed’ the Prime Minister had been told. More>>