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Pike River to sell first year’s coal at US$300 a tonne

3 July 2008, Source: Pike River Coal and Lindsay Clark - West Coast coking coal mining company Pike River Coal Ltd has settled the sales price for four buyers at US$300 per tonne for deliveries in the year ended March 2009.

Neptune sees attractive margins in seafloor massive sulphides

2 July 2008, Source: Neptune Minerals and Lindsay Clark - Attractive economic margins are possible from mining seafloor massive sulphides on deep undersea volcanoes in New Zealand waters, an engineering scoping study for Neptune Minerals indicates.

Grey River gold dredge permit area tripled in size

2 July 2008, Sources: Birchfield Minerals and Lindsay Clark - The large Grey River alluvial gold dredge inland from Greymouth has been granted an extension to its mining permit area almost tripling its potential mineable acreage.

Underworld drilling at both Oturehua and Thames projects

2 July 2008, Source: Underworld Resources and Lindsay Clark - Underworld Resources Inc, the New Zealand-based mineral explorer listed on the Toronto Stock Exchange, has begun gold drilling in Central Otago in the South Island and near Thames in the North Island.

Tui operator AWE plans merger with Perth-based ARC Energy

19 June 2008, Source: AWE and Lindsay Clark - One of the most active explorers in New Zealand’s offshore Taranaki Basin, Sydney-based Australian Worldwide Exploration Ltd is to grow bigger by a proposed takeover of another Australian explorer ARC Energy Ltd.

L&M Petroleum identifies coal seam gas prospects in Southland

19 June 2008, Source: L&M Petroleum and Lindsay Clark - L&M Petroleum Ltd says it has identified coal seam gas potential within the company’s onshore Western Southland Basin permit areas containing up to 300 billion cubic feet of resource near the Ohai coalfield.

Macdonald-Chartwell awarded two coal seam gas permits

13 June 2008, Source: Macdonald-Chartwell joint venture and Lindsay Clark - The Macdonald-Chartwell coal seam gas joint venture has been awarded two coal seam gas exploration permits in Waikato-Thames Valley area and in the Buller area of the South Island’s west coast.

Tui FPSO contract extension will produce extra 5m barrels of oil

12 June 2008, Source: AWE and Lindsay Clark - A three-year extension to the charter for the Tui oil field’s FPSO vessel Umuroa will allow at least five million barrels more oil to be recovered from the field, operator AWE Ltd says.

Origin extends Canterbury permit over Carrack-Caravel prospects

12 June 2008, Source: Origin Energy and Lindsay Clark - Origin Energy has been awarded a 940 sq km extension to one of its Canterbury Basin permits PEP 38262 to fully cover the large deepwater prospects Carrack and Caravel about 50 km offshore from Dunedin.

More gas availability enables Methanex to restart Motunui plant

12 June 2008, Sources: Methanex, Contact Energy and Lindsay Clark - Improved natural gas supply in New Zealand has prompted Methanex Corporation to restart one of the twin-trains at it’s idled methanol plant at Motunui, near New Plymouth.

North Canterbury onshore well Kate-1 plugged

12 June 2008, Source: Gas2Grid and Lindsay Clark - The onshore North Canterbury well Kate-1 drilled by private company Green Gate Ltd and its Australian-based farm-in partner Gas2Grid Ltd has been plugged and abandoned after reaching a total depth of 1,112 metres.

Greymouth acquires Swift’s Kowhai onshore Taranaki discovery

12 June 2008, Source: Greymouth Petroleum and Lindsay Clark - Auckland-based private petroleum explorer Greymouth Petroleum has bought the remaining portion of Swift’s New Zealand oil and gas assets from Swift Energy Corporation.

L&M Petroleum awarded second West Coast permit

12 June 2008, Source: L&M Petroleum and Lindsay Clark - An L&M Petroleum-led joint venture has been granted a second exploration permit in the Westland Basin of the South Island, adjoining the acreage where it recently drilled the Fireball Creek-1 well.

Reefton mine produces 18,000 oz in qtr as plant exceeds design

10 June 2008, Source: OceanaGold and Lindsay Clark - OceanaGold’s gold mine at Reefton is performing above expectations producing 18,204 oz during the first quarter of 2008, the company says in its March quarter report.

Macraes underground gold grades expected to rise further

10 June 2008, Source: OceanaGold and Lindsay Clark - Gold grades from the Frasers underground mine at OceanaGold’s Macraes mine in east Otago has improved and grades are expected to increase further this year, OceanaGold says.

L&M Coal Seam Gas awarded permit in south Waikato

05 June 2008, Source: L&M Group and Lindsay Clark - Christchurch-based L&M Coal Seam Gas Limited has been granted an exploration permit over a large area of south Waikato.

Pohokura gas-condensate field completed

05 June 2008, Source: Shell Exploration NZ and Lindsay Clark - New Zealand’s biggest natural gas and condensate field Pohokura just offshore from New Plymouth has been completed, operator Shell Exploration NZ Ltd announced on behalf of the joint venture owners.

Strong gas and condensate test flows from Kupe field

05 June 2008, Source: NZOG and Lindsay Clark - The three Kupe field production wells have together test flowed a total of over 115 million standard cubic feet a day and a condensate flow of over 15,000 barrels a day, one of the Kupe partners New Zealand Oil & Gas (NZOG) reports.

Heritage Gold flies Waihi aeromag and starts drilling Rahu holes

28 May 2008, Source: Heritage Gold and Lindsay Clark - Gold explorer Heritage Gold has flown an aeromagnetic survey near Waihi in the southern Coromandel and begun drilling at Rahu in its Karangahake tenements.

Eastern produces $1.2 m of coal in first quarter

28 May 2008, Source: Eastern Corporation and Lindsay Clark - Queensland-based coal company Eastern Corporation Ltd has increased coal sales to $1,225,000 in the first quarter of 2008 from its two South Island production mines.