DRILLING

Bucking the rig rot trend

WHILE US major Anadarko is about to pull the pin on its forthcoming New Zealand deepwater exploration campaign, the Maari-Manaia partners are still planning a multi-well appraisal program of their offshore oil field next summer.

Minority partner Cue Energy Resources says the Maari-Manaia joint venture has already approved a second phase of appraisal and development for the offshore Taranaki field starting late this year or early...

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