Friday, 29 April 2011, 1:18 pm Press Release: NZ Oil And Gas
Supportive of
Receiver
NZ Oil and Gas is firmly supportive
of the way the Pike River Coal receivers are running the
sale process for the assets of the damaged mine.
The
managing director of NZOG, David Salisbury, said on a
morning briefing call with financial media that the sales
process is at an early stage.
NZOG hopes to recover $50m
of debt funds should the sales process be successful, says
The Headliner. There could be more depending on the success
of the sales process.
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