EXPLORATION

Manaia proves fruitful for OMV

AUSTRIA'S OMV plans to develop New Zealand's longest well, Manaia-1, as a producer through its existing production facilities on the Maari wellhead platform off Taranaki, New Zealand.

OMV announced the success of the 8km-long appraisal well this morning and said it should start flowing oil within the next few months. "The well results give us cause for optimism, so we are pressing...

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