EXPLORATION

Todd drilling third Mangahewa well

TODD Energy has started the third and last of the scheduled wells to appraise its onshore Taranaki Mangahewa gas-condensate field amid rumours of more wells being drilled if results from the current program are encouraging.

It is understood the Parker Drilling Rig 188 recently spudded Waitui-1, the first well to be drilled in the PEP 51156 licence, to test a possible southern extension of the north Taranaki field. Todd...

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