New Zealand awards nine offshore petroleum exploration permits

Offshore staff

NEW PLYMOUTH, New Zealand New Zealand’s Minister of Energy and Resources has awarded nine petroleum exploration permits for Block Offer 2015.

Four offshore permits in the Taranaki basin have been granted to OMV NZ Ltd. in partnership with Mitsui E&P Australia:

  • PEP 60089 (894 sq mi [2,315 sq km])
  • PEP 60091 (865 sq mi [2,242 sq km])
  • PEP 60092 (913 sq mi [2,364 sq km])
  • PEP 60093 (825 sq mi [2,136 sq km])

All four permits are for 12 years. The committed work programs for all three permits include studies and seismic reprocessing.

Todd Exploration was granted one 12-year offshore permit in the basin, too:

  • PEP 60094 (831 sq mi [2,151 sq km])

Mont D’Or was granted a 12-year offshore exploration permit in the Taranaki basin:

  • PEP 60095 (302 sq mi [782 sq km])

Its work program for this new permit includes acquisition of geochemical data and geological studies (including prospectivity mapping).

12/16/2015

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