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MARKETS

NZOG boosts Cue stake

NEW Zealand Oil & Gas has increased its stake in Cue Energy Resources, formalising its control the ASX-listed oiler.

Haydn Black
The Maari field.

The Maari field.

NZOG has inched up to a 50.1% position in Cue.   The Wellington-based producer, which recently sold its stake in the Kupe field and is mulling over an offer for the Tui Area oil fields, launched a...

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