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News
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OceanaGold finds more gold east and under Frasers Underground
- 29 July 2010 - Extended exploration eastward down dip from the Frasers Underground gold mine at Macraes by OceanaGold has located more gold, including a potential new sub-parallel structure below the hangingwall shear.
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Carnarvon Petroleum takes step into NZ with 10% of Tuatara-1
- 26 July 2010 - The Tuatara-1 well, scheduled to be drilled in July just 15 km north of the South Island, has attracted Perth-based Carnarvon Petroleum Ltd as a fourth partner.
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Government consulting on energy policy
- 22 July 2010 - Energy and Resources Minister Gerry Brownlee today released a Draft New Zealand Energy Strategy (NZES) and Draft New Zealand Energy Efficiency and Conservation Strategy (NZEECS) for public consultation.
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Kupe field’s condensate reserves rise by 27%, gas up 8%
- 21 July 2010 - Kupe gas and condensate field reserves have increased substantially following a detailed reserves review by operator Origin Energy over six months since first production began at the offshore south Taranaki field.
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Kahu-1 well plugged and abandoned
- 21 July 2010 - Tui oil field operator AWE Ltd reports that Kahu-1 well in its mining permit area offshore Taranaki, was being plugged and abandoned.
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No land to be removed from Schedule 4
- 20 July 2010 - Energy and Resources Minister Gerry Brownlee and Conservation Minister Kate Wilkinson announced today that the government has decided not to remove any land from Schedule 4 of the Crown Minerals Act for the purposes of further mineral exploration or extraction.
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NZ Petroleum Conference speaker profile: John Kidd
- 19 July 2010 - One of the most intently followed presentations at this September’s New Zealand Petroleum Conference is expected to come from key oil and gas sector analyst John Kidd.
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Comet Ridge plugs low productivity Macdonald 6P well
- 16 July 2010 - Brisbane-based Comet Ridge Ltd has plugged and abandoned one of its intended coal seam gas pilot wells, Macdonald 6P near Greymouth, after finding lower productivity than expected from a deep coal seam.
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Tui oil field produces 4.8 mmbbls in year; plans one workover
- 14 July 2010 - The Tui oil field in offshore Taranaki produced 4.83 million barrels in the financial year to 30 June 2010, operator AWE Ltd reports.
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Efficient NZ steel mill could ship cheap steel to China, offshore ironsand explorer says
- 9 July 2010 - A new New Zealand steel mill using cheap offshore ironsands could export semi-processed steel to China cheaper than coastal Chinese mills can produce, ironsands explorer Trans-Tasman Resources says.
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Major iron ore resource discovered in Trans-Tasman Resources offshore ironsands project
- 8 July 2010 - New Zealand company Trans-Tasman Resources Ltd has disclosed it has discovered a major offshore ironsands resource off the West Coast of the North Island.
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Notice to extend acreage in the Offshore Canterbury Basin and Great South Basin to be unavailable for priority in time (PIT) applications
- 6 July 2010 - From Tuesday 6 July 2010 area of the Great South Basin and Canterbury Basin identified in the map below are closed for PIT petroleum permit applications until further notice.
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Extending knowledge of the deep south
- 7 July 2010 - New and reprocessed data over the Campbell Plateau and Bounty Trough now available from Crown Minerals.
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NZ Petroleum Conference speaker profile: William Buechler
- 5 July - Introducing William Buechler, resource sector investor and advocate, will be a keynote speaker at this years conference, 19-22 September, SkyCity, Auckland
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OceanaGold lifts spending on Reefton exploration and looks again at Sams Creek
- 3 July 2010 - Melbourne-based gold miner OceanaGold Corporation has announced a large increase in exploration spending to investigate underground mining at the Reefton goldfield and carry out further work on its Sams Creek prospect in the Nelson area.
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Communication from Maritime New Zealand
- 2 July - A communication from Maritime New Zealand to the NZ oil and gas sector: Hull defouling and decommissioning of offshore installations.
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L&M Energy raises $8.5m for developing Southland CSG supplies
- 2 July 2010 - Wellington-based L&M Energy has raised A$7 million (about NZ$8.5 million) for production testing and booking of 2P coal seam gas reserves in Western Southland and further exploration drilling in the area.
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New Zealand Energy Data File 2010 released
- 2 July 2010 - New Zealand’s leading record of annual energy data shows a year-on-year increase in renewable electricity generation of eight per cent, Energy and Resources Minister Gerry Brownlee announced today.
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Glass Earth plans more drilling at Muirs Reef gold target
- 2 July 2010 - Wellington-based gold exploration company Glass Earth Gold Ltd plans a major drilling programme at its Muirs Reef gold prospect in the Bay of Plenty following the completion of a C$2,730,100 (approx NZ$3,700,000) private funding placement.
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Galilee (formerly Eastern Corp) may float NZ coal business
- 2 July 2010 - Galilee Energy Ltd, formerly known as Eastern Corporation Ltd, is considering a partial float of its New Zealand coal assets to finance further exploration and development.
