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Kupe Gas Project opened

18 March 2010 - The $1.3 billion Kupe Gas Project in Taranaki was officially opened by the Prime Minister John Key today.

NZ methanol production at highest level in many years

13 March 2010 - Methanol production in New Zealand last year reached its highest level in many years indicating a greater use of natural gas to make the chemical feedstock.

Contact’s three additional Ahuroa storage wells near completion

13 March 2010 - Three additional wells for Contact Energy’s Ahuroa gas storage project are nearly completed drilling, the company says.

Strong oil reservoir performance from Tui field

12 March 2010 - The Tui oil field in offshore Taranaki experienced strong reservoir production performance in the December 2009 quarter, operator AWE Ltd says.

NZOG expects strong cashflows from Kupe

11 March 2010 - New Zealand Oil & Gas Ltd (NZOG) says it expects the Kupe gas condensate field to provide the Wellington-based company with a long term annual revenue stream of around $60-65 million.

L&M Energy completes acquisition of L&M

10 March 2010 - Sharemarket listed L&M Energy Ltd has successfully completed its acquisition of L&M Coal Seam Gas Ltd.

Kan Tan IV semi-sub rig arrives at Hoki-1 drill site off Taranaki

9 March 2010 - The Kan Tan IV semi-submersible drilling rig has arrived at the Hoki-1 exploration wellsite from Australia and is preparing to start drilling, operator AWE Ltd reported.

GNS Science sees positive signs for Reinga Basin

8 March 2010 - GNS Science says that seismic and satellite data show that the Reinga Basin, off the northwest coast of the North Island, is one of the most prospective frontier basins in the New Zealand region.

NZ Refining opens $10m marine fuel facility for Auckland port

1 March 2010 - NZ Refining Company has opened a new $10 million marine fuel oil facility at the port of Auckland to serve the commercial and cruise liner market.

Solid Energy drills for coal seam gas in inland Taranaki

18 February 2010 - Solid Energy is extending its coal seam gas exploratory drilling programme in inland Taranaki to focus on an area around 70 km from Stratford.

Workover drill rig installed on Maari platform

18 February 2010 - A permanent workover drill rig was installed on the Maari oil field wellhead platform offshore Taranaki in January to allow repairs and maintenance on the production wells.

NZOG granted new permit offshore north Taranaki

17 February 2010 - New Zealand Oil & Gas Ltd has been awarded a new exploration permit in the offshore north Taranaki Basin.

TAG acquires Kawakawa oil shale prospect in East Coast Basin

12 February 2010 - Canadian-based TAG Oil Ltd, which recently merged with Trans-Orient Petroleum Ltd, has extended its permit holdings to cover an anticline in northern Wairarapa with a potential formation of fractured oil shale up to 600 m thick.

Kupe project commissioning makes swift progress

11 February 2010 - The $1.3 billion Kupe gas project commissioning has progressed swiftly with the plant expected to reach permanent production status by March.

Onshore Taranaki Kahili block offer opens

10 February 2010 - Energy and Resources Minister Gerry Brownlee today announced the opening of bidding for a block offer over the onshore Kahili gas field in Taranaki.

Prime Minister, Hon John Key's, Statement to Parliament

9 February - Today the Prime Minister, Hon John Key, presented his Statement to Parliament where he outlines the Government's main priorities for the year ahead.

Pike River expects 40% coal price rise as first exports to begin

6 February 2010 - Pike River Coal which expects to ship its first export of coal this month is anticipating that world coking coal prices could rise by as much as 40% from April this year.

OceanaGold announces record production and the addition of gold reserves

10 February 2010 - New Zealand’s largest gold mining company OceanaGold has produced over 300,000 oz of gold in a year for the first time.

Keeping an eye on ‘fraccing’ live, with microseismic monitoring

5 February 2010 - A new technology called microseismic monitoring is becoming one of the keys to exploring unconventional gas reservoirs, Craig Vandenborn an unconventional gas specialist for Schlumberger in Australia said in Wellington.

Eastern negotiates 10 year Southland coal contract with Fonterra

5 February 2010 - Brisbane-based coal miner Eastern Corporation Ltd has finalised negotiations for extending its current thermal coal sales contract with Fonterra’s South Canterbury dairy processing plant to 10 years.