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EXPLORATION

Tangiers hits reset

A DISAPPOINTING result in Morocco could end up being a blessing in disguise for turbulent junior Tangiers Petroleum, which has been left with a new board and an opportunity to hit the reset button on its growth.

Andrew Snelling
Tangiers hits reset

The Moroccan TAO-1 well was touted as a potential company-maker for Tangiers as it approached its spud date. However, escalating drilling costs and an ultimately unsuccessful outcome drove the company...

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