Cheal Petroleum Limited (CPL), Matahio’s wholly owned NZ subsidiary, has completed the acquisition of East West Petroleum’s 30% participating interest in the Cheal East permit, PMP 60291 (onshore Taranaki). This acquisition increases CPL’s participating interest in the Cheal East permit to 100%. Drew Cadenhead, Matahio’s NZ Country Manager said, “The completion of this acquisition is...Continue Reading