Posted on 10/09/2021
The Northern Territory Government has today provided its regulatory approval to New Zealand Oil & Gasin relation to the transaction to acquire Amadeus Basin Assets from Central Petroleum. This satisfies a key condition precedent of the transaction.
The Northern Territory Government has today provided its regulatory approval to New Zealand Oil & Gas in relation to the transaction to acquire Amadeus Basin Assets from Central Petroleum. This satisfies a key condition precedent of the transaction.
The transaction was announced on 25 May 2021 and has an effective economic date of 1 July 2020.
Conditions remaining to be satisfied include other third party approvals.