LONDON – Alternative asset manager The Carlyle Group has invested $200 million in Discover Exploration.
Specifically, it will fund Discover Exploration’s deepwater drilling program offshore New Zealand, which is operated by Anadarko Petroleum.
Discover has a 10% stake in the PEP38451 permit in the offshore Taranaki basin, where the first exploration well started drilling on Nov. 25. It also has 10% of the PEP38264 permit in the offshore Canterbury basin. Here Anadarko expects to spud the first exploration well in early 2014.
The offshore Comoros license is an 18,000-sq km (6,950-sq mi) production-sharing contract, currently awaiting approval by the National Assembly. Discover has a 60% interest. The license is on trend with the Anadarko and Eni’s Rovuma’s delta gas discoveries offshore northern Mozambique.