Cheal Petroleum Limited (“CPL”), Matahio’s wholly owned NZ subsidiary, has signed an SPA for the acquisition of East West Petroleum’s 30% participating interest in the Cheal East permit, PMP 60291 (onshore Taranaki), for an upfront payment of 1 MM USD (effective 31st July 2023). This acquisition increases CPL’s participating interest in the Cheal East permit...Continue Reading
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