Tamarind creditor claims hit $364m
Little chance of recovery without money to fund more drilling, administrators say.
Tim Hunter
Fri, 13 Dec 2019
Creditors’ claims against insolvent oil company Tamarind Taranaki and its sister companies now total $US239.5 million ($364m), the bulk of them unsecured.
The administrators’ report prepared for a watershed meeting next Thursday makes grim reading for those owed money, with realisable assets
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Tim Hunter
Fri, 13 Dec 2019
Contact the Writer: thunter@nbr.co.nz
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Tamarind creditor claims hit $364m
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