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Interra Resources to sell stake in unit for US$13.5m

Saturday, March 15, 2014 - 06:00

Singapore INTERRA Resources has conditionally agreed to sell a 90 per cent stake in its wholly owned subsidiary, Goldwater LS Pte Ltd (GLS), to PT Mitra Investindo TBK (MITI) for US$13.5 million. GLS owns IBN Oil Holdico Ltd (IBN), which is the sole operator of the Linda Sele field in the

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