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Unlocking New Zealand's Petroleum Potential

18 November 2009 - Energy and Resources Minister Gerry Brownlee today announced the Government’s Action Plan for unlocking and maximising New Zealand’s petroleum potential, with a specific focus on exploration of New Zealand’s offshore deepwater basins.

Offshore Northland Supplementary Data Now Available

10 November 2009 - A supplementary data pack is now available for the Northland Block Offer. The data was acquired in March 2009 by CGGVeritas as part of a seismic survey over the Reinga Basin, which is contiguous to the Northland Basin.

Solid Energy says firming in coking coal prices will be positive

6 November 2009 - A firming in coal prices in recent months will be positive for Solid Energy, the energy producer’s chairman John Palmer told the company’s annual meeting in Wellington.

Eastern looks to further expand Takitimu coal mine as demand grows

6 November 2009 - Brisbane-based coal company Eastern Corporation Ltd expects to continue increasing output from its sub-bituminous Takitimu open cut mine in the Ohai/Nightcaps area of western Southland.

Maari now a 100 million barrel oil field with additional wells

4 November 2009 - The Maari oil field and its adjacent Manaia field in offshore Taranaki has been confirmed as containing over 100 million barrels of recoverable oil.

Kupe project construction completed and commissioning begins

3 November 2009 - Construction has been completed for the Kupe gas condensate project’s onshore production station in south Taranaki and commissioning of the system is now beginning using pipeline gas.

Cue Energy lists on New Zealand stock exchange

3 November 2009 - Melbourne-based oil and gas company Cue Energy Resources Ltd, 27% owned by Todd Energy, has publically listed on the NZX New Zealand share market following up the success of the Maari oil field.

Comet Ridge plans aerial geophysics over Buller, Waikato permits

3 November 2009 - Brisbane-based coal seam gas explorer Comet Ridge is to conduct regional aeromagnetic surveys in its Buller and Waikato permits in late 2009 specifically designed to high-grade the most prospective areas for coal seam gas deposits.

Offshore oil and gas exploration season starts

2 November 2009 - Energy and Resources Minister Gerry Brownlee announced the MV Bergen Resolution has been contracted by Crown Minerals for an offshore seismic survey this summer.

L&M CSG books 173 PJ of coal seam gas at Ohai

Privately held energy company, L&M Coal Seam Gas Ltd has booked an initial resource of 173 petajoules (PJ) at its Ohai permit in western Southland - the country’s first independently verified coal seam gas resource.

Westech and NZOG ready to drilling Albacore-1 well

27 October 2009 - Westech Energy expects to begin drilling its Albacore-1 offshore north Taranaki well in November with New Zealand Oil & Gas as a 40% partner.

AWE granted new permit immediately north of New Plymouth

16 October 2009 - Australian Worldwide Exploration has been granted a new Taranaki permit, PEP 51558, which lies close offshore from New Plymouth city.

Kea awarded onshore Northland permit around Kaipara Harbour

16 October 2009 - Private New Zealand company Kea Petroleum Ltd has been awarded an exploration permit over an area surrounding Kaipara Harbour just north of Auckland.

New joint ventures at Rise & Shine and Ophir gold prospects

12 October 2009 - Two Central Otago gold prospects, Rise & Shine and Ophir, containing both hard rock reefs and native gold in gravels are now subject of new joint venture arrangements and exploration.

New joint ventures at Rise & Shine and Ophir gold prospects

12 October 2009 - Two Central Otago gold prospects, Rise & Shine and Ophir, containing both hard rock reefs and native gold in gravels are now subject of new joint venture arrangements and exploration.

OceanaGold extends high grade Panel 2 Deeps zone at Frasers

12 October 2009 - More higher grade gold ore has been located beneath the floor of the Frasers underground mine at Macraes goldfield in the Panel 2 Deeps.

Maari partners hit substantial new oil zone

5 October 2009 - The Maari oil field partners have found a substantial second zone of oil and successfully drilled a horizontal production well through the reservoir containing an estimated 30-40 million barrels of oil-in-place.

Todd Energy to build $65 million LPG plant in Taranaki

2 October 2009 - Todd Energy has announced it is to build a $65 million LPG plant in Taranaki to extract the butane-propane fuel from the natural gas stream of the Mangahewa and Pohokura gas fields.

Greymouth Petroleum adds Tiger Rig to fleet

1 October 2009 - Greymouth Petroleum has imported a lightweight mobile rig to add to its rig fleet.

TAG Oil to adsorb Trans-Orient in merger

30 September 2009 - Two Canadian-based companies operating in New Zealand, TAG Oil and Trans-Orient Petroleum, have announced they are to merge, with TAG as the surviving entity.