NGP files statutory claim

TAP Oil's dispute with its partner, Thai businessman Chatchai Yenbamroong's Northern Gulf Petroleum, has intensified, with NGP lodging a payment demand from Tap of $US14.6 million ($A19.2 million).

14 April 2015
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NGP says the payment is overdue, whereas Tap says it intends to make the payment, but only once operator Mubadala Petroleum has finalised the 2P reserves review.

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