NEW ZEALAND

Green exits NZ exploration

AUCKLAND businessman Hugh Green has ended his brief affair with the New Zealand petroleum exploration industry – surrendering his last licence, an onshore block in the Wanganui Basin south of Taranaki – after less than four years.

He entered the exploration scene in mid-2006, with the government's Crown Minerals Group awarding Hugh Green Energy two adjacent leases, the 3775 square kilometre PEP 38772 block just off the Wanganui...

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