DRILLING

Onaero moves closer to production

PRIVATE company Greymouth Petroleum is nearing the end of an extensive testing program of its onshore Taranaki Onaero oil and gas discovery, aiming to install permanent production facilities and link in with the nearby Maui high-pressure gas pipeline.

Greymouth re-entered the historic 1980 Onaero-1 well, about 30km north of New Plymouth, during mid-2011 and last August announced hydrocarbon flows "of particular significance". It has been testing...

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