EXPLORATION

Aussies join NZ players for oil and gas exploration

SEVERAL new entrants, mainly from Australia, have joined other established New Zealand players in the expected $NZ100 million ($A81.7 million) hunt for oil and gas in nine new onshore Taranaki exploration licences.

Aussies join NZ players for oil and gas exploration

Australian stock exchange-listed Mosaic Oil, Rawson Resources, GB Energy and Australia's Hardie Holdings Group were among the entrants partnering with existing explorers in New Zealand. "This is very...

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