EXPLORATION

NZ Govt expands onshore Taranaki blocks offer

THE New Zealand Government is opening up more parts of onshore Taranaki to prospective petroleum ...

NZ Govt expands onshore Taranaki blocks offer

Associate Energy Minister Harry Duynhoven announced the move yesterday, saying there would now be 12 onshore and onshore-nearshore blocks in the 2008 Onshore Taranaki Basin Blocks Offer, bids for which close on May 30.

“I’m pleased to be able to extend the area for exploration, with the addition of these blocks which were not available at the time of the initial offer,” Duynhoven said.

“Through Crown Minerals, we have already provided technical data to investors, some of whom are new to New Zealand, which has encouraged them to examine the onshore Taranaki offer in closer detail.”

One of the three new blocks added to the round lies between the commercial Kaimiro gas and McKee-Mangahewa oil and gas fields; another is immediately north of Kaimiro; while the last is immediately west and south of Kaimiro.

For details of the blocks offer see www.crownminerals.govt.nz

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry