	bond corp to uire pct of merlin pete bond corp holdings ltd bona s said it has agreed to uire an pct stake in merlin international petroleum corp from crowley maritime corp for mln u s dlrs of this total mln dlrs is due on exchange of contracts on april and mln on july subject to any regulatory approvals being obtained bond said in a statement the balance of mln dlrs will be paid as required by merlin for its exploration and production commitments it said bond said merlin has a pct working interest plus a pct reversionary interest in the papua new guinea permit ppl the site of the iagifu oil discovery merlin also has a pct stake in the adjacent papuan basin permit ppl which contains the juha gas and condensate discovery in addition to papua new guinea merlin has petroleum exploration and production interests in the u s bond added reuter 
