Fight blows up over Reid's Dome

STATE Gas, which announced just a week ago that it would acquire the remaining 20% stake in the Reid’s Dome gas project from partner Dome Petroleum, is now facing a hostile reception from the UK-based Dome, which has accused State Gas of jumping the gun.

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Dome, which has had an interest in the lease for the better part of a decade, insists that it only agreed to sell half of its 40% interest on the provision that that it would retain 20%.