EXPLORATION

New entrants asking for slice of Taranaki pie

NEW Zealand newcomers Listed Ventures and RPT Resources have applied for their second oil and gas exploration lease – this time a large block near the offshore Taranaki Kupe gas-condensate field and the promising Kaheru prospect.

According to the government's Crown Minerals Group, the two companies have made another priority in time (PIT) application for the largely offshore block covering an area of 8016 square kilometres that...

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