Auckland adds to Taranaki booty

New Zealand’s Energy Ministry said it would offer three more blocks in the country’s Taranaki basin for oil and gas exploration.

The blocks will be added to nine other onshore blocks already on offer in New Zealand's Taranki onshore round, Associate Energy Minister Harry Duynhoven said in a statement. I’m pleased to be able to extend the area for exploration, with the addition of these blocks which were not available at the time of the initial offer,” Duynhoven said. “The Labour-led government is promoting economic growth both in Taranaki and on a national scale by encouraging domestic and international investment in the energy sector. The ministry said technical data on the blocks and terms and conditions of the offer was available through its Crown Minerals hydrocarbons agency.
Read More