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EXPLORATION

NZ block offer an abject failure

Explorers have given NZ a wide berth in the latest block offer.

Haydn Black
PEP 60273.

PEP 60273.

Even the usually solid Taranaki Basin, NZ's only producing basin, put in a poor showing.   Local oiler Todd Energy was the only company to successfully apply for a block, with NZ  Energy Minister...

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