Oct 14 (Reuters) - 3d Oil Ltd (TDO)
- Has undertaken a major cost reduction initiative which has resulted in board changes and a significant reduction in employee remuneration
- Chairman, Campbell Horsfall, and non-executive director Melanie Leydin have offered their resignations as directors of company
- Managing director will step up as acting executive chairman
News: TDO 3D Oil announces board changes and cost reduction initiative
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