Briefs
Invesco appeal
Invesco Group! remains in liquidation, but directors are considering a further appeal later this month, a spokesman for the company! said yesterday. The company was appealing against a High Court winding-up order issued last week. The spokesman said no decision was reached yesterday, and the company technically remained in liquidation. Bank injection The Reserve Bank yesterday withdrew $2O million from the money market by selling Treasury, bills maturing June 7 at 15.30 to 15.32 per cent. Bids totalled $ll6 million. I Happy well The Happy Valley-1 well, 20km west of Clifden in western Southland, was replacing its drillbit before' drilling ahead at 6 a.m. yesterday, Petrocorp said. The well was at 2535 metres. Target depth is 3300 m.
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Bibliographic details
Press, 9 March 1988, Page 40
Word Count
121Briefs Press, 9 March 1988, Page 40
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