GB Energy changes tack

GB Energy is pulling out of its oil and gas assets in New Zealand and the Czech Republic to focus on its Slovakian Uranium project and opportunities within the renewable and cleantech sector.

10 July 2009
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The company said the decision to withdraw from its oil and gas projects followed a strategic review of its assets.

In New Zealand, GB Energy held a 66.7% stake in the Taranaki oil and gas project.

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