Brief: BPH Energy Says OMV New Zealand Returned $1.621 Mln To Advent Energy's Unit Aotearoa Offshore
21/12/2022 10:20
Dec 21 (Reuters) - BPH Energy Ltd BPH.AX :
* OMV NEW ZEALAND LTD RETURNED US$1.621 MILLION TO BPH'S
36.1%
ASSOCIATE ADVENT ENERGY LTD'S UNIT AOTEAROA OFFSHORE LIMITED
* BY 31 DEC, ADVENT GROUP TO NOW REPAY BPH A$2.3 MILLION
LOAN FROM
BPH TO PAY FOR EARNING COSTS, AMONG OTHERS
* TERMINATION OF NZ FARMOUT AGREEMENT WILL ENABLE ADVENT TO
FOCUS
ON ITS AUSTRALIAN GAS PROJECTS INCLUDING PEP11
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