INDEPENDENT NEWS

Supportive of Receiver

Published: Fri 29 Apr 2011 01:18 PM
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.
For full story: www.headliner.co.nz
ENDS

Next in Business, Science, and Tech

Business Canterbury Urges Council To Cut Costs, Not Ambition For City
By: Business Canterbury
Wellington Airport On Track For Net Zero Emissions By 2028
By: Wellington Airport Limited
ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
By: Landcare Research
Auckland Rat Lovers Unite!
By: NZ Anti-Vivisection Society
$1.35 Million Grant To Study Lion-like Jumping Spiders
By: University of Canterbury
Government Ends War On Farming
By: Federated Farmers
View as: DESKTOP | MOBILE © Scoop Media