RAVEN Energy will announce the outcome of negotiations with California Resources following last month’s revelation that the Tulainyo project has overrun, with Raven subsidiary Gas Fields failing to pay the required completion funds for the drilling of the Tulainyo-2 well in the Sacramento Basin.
The company said it had maintained a "continuous dialogue" with California Resources to achieve a "satisfactory commercial outcome" to the cost and joint venture matters. Early last month field...
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