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  • As the Prime Minister Peter O'Neill announced, the decision also approves the acquisition by the State of an additional 27.5% equity interest in the Elk/Antelope gas fields, over and above the 22.5% interest to which it is entitled under the Oil & Gas Act, on terms to be negotiated with InterOil.InterOil understands that the State intends to take its entitlement to gas from the project in kind, to
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