Metgasco wants at least $120m to dump Northern Rivers plans
METGASCO is negotiating with the state government over a rumoured $15 million out-of-court settlement to end its Bentley suspension woes.
But an industry source said there was "no way" the company would walk away from PEL16 for anything less than $120 million.
Yesterday the company confirmed it was in discussions with the government for a possible settlement.
http://www.dailyexaminer.com.au/news/metgasco-negotiating-deal/2364075/
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