EXPLORATION

NZ govt supersizes Maari lease

MAARI operator OMV and its partners have more than doubled the size of their mining lease, enabling them to include last year's Manaia discovery in any future development plans for the offshore Taranaki Maari oil field.

The government's Crown Minerals Group has granted them the extension they sought last April, increasing the size of the Maari mining lease PMP 38160 from 34.17 square kilometres to 80.18sq.km, while the...

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