DRILLING

NZOG keen on Kaupokonui

NEW Zealand Oil and Gas plans to drill the "high risk but potentially very high reward" offshore Kaupokonui prospect during the 2011-12 summer, perhaps utilising the Noble Discoverer drillship now berthed at Port Taranaki.

Chief executive David Salisbury said this morning during a discussion on the company's June quarterly results that NZOG and Perth-based partner, recently ASX re-listed Raisama, were still very keen to...

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