TEG triangle energy (global) limited

Ann: Cliff Head Divestment Update, page-8

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    There is still a hurdle to get over to free us from liability of the rehabilitation of the Cliff Head assets .
    The federal regulator has to agree the the transfer of Cliff Head and Arrowsmith from TEG to PGY .
    If the CO2 storage was to fall over before that decision was made then there would be large costs involved in the rehabilitation .
    At this stage it looks like PGY has lined up all the ducks to get the approval through .
 
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