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EXPLORATION

Statoil joins Pegasus hunt

NORWAY'S Statoil is reportedly feeling lucky enough to splurge on some frontier exploration in Ne...

Haydn Black

The basin stretches from off the Wellington and Wairarapa coasts and is almost entirely unexplored. The Pegasus farm-in is subject to regulatory approval. As holder of a 70% stake in the permit, OMV...

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