DRILLING

Todd charging into the new year

TODD Energy hopes to start the new year on a high note, with the spudding of the third well designed to appraise its strategic Mangahewa gas-condensate field in onshore Taranaki and continued production testing of the first.

"While we have finished initial drilling of Mangahewa-4, we are currently looking at a number of design options to further test the well and we remain positive about its reserve potential," Todd Energy...

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