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NZ gas reserves grow

31 August 2010 - New Zealand's remaining natural gas reserves rose by 5.4% over the past year.

Kea plans to drill

31 August 2010 - Kea Petroleum has taken over from Genesis Energy the onshore-offshore PEP 381204 permit on the north Taranaki coast south of Kawhia. They plan to drill relatively shallow prospects offshore with both gas and oil potential that are cheaper to drill than the deeper Mangatoa gas prospect.

NZOG talks to possible prospect partners

31 August 2010 - Wellington-based New Zealand Oil & Gas Ltd said it is discussing with interested parties proposed drilling of its large high-ranked Kaupokonui prospect offshore from south Taranaki.

Mineral and petroleum permitting review begins

27 August 2010 - Energy and Resources Minister Gerry Brownlee today invited feedback on proposals to update, streamline and future-proof the Crown Minerals Act, which provides the framework for management and allocation of rights to Crown-owned minerals.

Methanex settles new gas contracts

20 August 2010 - Enough natural gas has been purchased recently by Methanex to keep its 900,000 tonne capacity methanol plant at Motunui operating until the end of 2011.

Origin drills for more shallow oil in Kauri field

19 August 2010 - Australian-based energy company Origin Energy has drilled and completed three wells in the shallow Manutahi oil reservoirs in onshore south Taranaki.

Tuatara-1 well dry

17 August 2010 - The Tuatara-1 offshore well in western Tasman Bay has been plugged and abandoned by operator AWE Ltd after minor oil and gas shows.

English says exports will drive the recovery

13 August 2010 - Finance Minister Bill English said the economic recovery will be different, built on exports as a key to building a sustainable long-term performance.

Government consulting on Petroleum Reserves

12 August 2010 - Energy and Resources Minister Gerry Brownlee has released a New Zealand Petroleum Reserves options paper aimed at improving the quality of information available about petroleum reserves.

Todd joins AWE in offshore New Plymouth permit

10 August 2010 - Todd Energy has taken a 20 % stake in an exploration permit just offshore from New Plymouth.

Maari platform workover unit enables hookup to Manaia oil pool

10 August 2010 - The permanent workover rig unit now installed on the Maari oil field platform offshore South Taranaki has run an upper completion of the well into the Manaia oil pool over 7 km away from the platform.

Pohokura wins sustainable development and innovation award

10 August 2010 - The Pohokura gas condensate project operated and owned by Shell Exploration, OMV NZ and Todd Energy has been awarded an Environmental Award by one of its regulators the Taranaki Regional Council.

Kent Exploration looks to drill Alexander River gold project

9 August 2010 - Vancouver-based junior explorer Kent Exploration is preparing for possible drill tests of its Alexander River gold prospecting permit following a recent survey.

L&M’s Ohai CSG coal fully saturated

4 August 2010 - Lab testing of coal core from L&M Energy’s promising OM-4 well near Ohai in Western Southland has confirmed that the coal is fully saturated with gas.

Kea plans more wells following Wingrove success

4 August 2010 - Kea Petroleum may drill more wells at its recent Wingrove onshore Taranaki oil discovery depending on the success of a testing programme at Wingrove-2 using specialised fracturing techniques and downhole heating.

Lignite briquettes a success for Solid Energy

3 August 2010 - A trial in North Dakota has successfully upgraded Southland lignite into high-energy briquettes, taking resources company Solid Energy a step closer to building a pilot briquetting plant in Eastern Southland.

OceanaGold sees benefit from selling on spot market

3 August 2010 - New Zealand’s largest gold producer OceanaGold Corporation, who now ranks behind Newcrest and Lihir as the third largest fully unhedged Australasian-based gold producer, has benefited substantially in the first three months since closing its hedgebook to sell 100 percent on the gold spot market.

Study shows Chatham Rise has commercial phosphate potential

30 July 2010 - A preliminary feasibility study undertaken by Rockpoint Corporate Finance indicates that commercial development of the undersea Chatham Rise phosphate deposits is a realistic possibility.

FMG Pacific plan to explore for coal over two exploration permits in the Greymouth coalfield region

30 July 2010 - FMG Pacific Ltd, a subsidiary of the Perth-based iron ore miner Fortescue Metals Group, has been awarded two coal exploration permits in the Greymouth coalfield.

Glass Earth and Newmont discover new gold quartz vein structure at WKP gold prospect north of Waihi

29 July 2010 - Newmont Waihi Gold and joint venture partner Glass Earth Gold Limited have located a significant 156 metre-long intercept containing gold and silver at the Wharekirauponga (WKP) prospect 10km north of Waihi.