Tamarind Resources - Oil and Gas
  • Home
  • Our Company
  • Our People
  • Our Businesses
  • Contact

Update on Tag Acquisition

17/1/2019

 
As announced in November 2018, Tamarind entered into a share and asset purchase agreement with TAG Oil Ltd. to acquire their Taranaki Basin assets.

TAG shareholders voted to approve the transaction on 3rd January 2019 and Tamarind has been busy working through transition planning.


Tamarind is working on transitioning a number of TAG’s employees to the company at completion of the transaction. As an established operator in the Taranaki Basin, Tamarind has a number of similarly established roles already. Unfortunately, this means there won’t be suitable roles for a number of TAG’s employees after the transition to Tamarind as operator. Tamarind’s main priority is to ensure a seamless and safe transition during the transfer period.

Deal close is expected to be on or around 31st March 2019 and remains subject to regulatory and government approvals.

Comments are closed.

    Archives

    November 2020
    March 2020
    December 2019
    November 2019
    September 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    December 2016
    September 2016
    August 2016
    April 2015
    February 2015
    January 2015
    December 2014
    September 2014
    July 2014

    Categories

    All
    Community
    Company Updates
    In The News
    Presentations

    RSS Feed

Our Company

Our Responsibilities
Latest News
​Privacy Policy

Our People

Our Businesses

New Zealand- Onshore
​New Zealand- Tui
Australia
​​Philippines

Contact

© COPYRIGHT 2020. ALL RIGHTS RESERVED
  • Home
  • Our Company
  • Our People
  • Our Businesses
  • Contact