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Maari platform workover unit has busy programme ahead

14 May 2010 - The permanent workover rig recently installed on the Maari oil field platform has a number of tasks to perform in the near future.

Coal depth now 40 metres in Ohai OM-4 CSG well; L&M confident of commercial gas production

14 May 2010 - Logging of L&M Petroleum’s OM-4 coal seam gas well at Ohai in western Southland has increased the depth of coal seams intersected to 40 m from the original 29 m originally reported.

Seafield successfully core drills offshore West Coast gold prospect

13 May 2010 - The first round of pioneering offshore test core drilling for placer gold, and other heavy minerals off the West Coast of the South Island has just been completed by Seafield Resources.

Solid Energy export coal prices up 50% to US$200/t; Spring Creek output likely to rise to 600,000/t this year

10 May 2010 - Solid Energy has negotiated a 50 per cent rise in export coking coal prices to around US$200 a tonne (about NZ$274 a tonne) in line with recent international coal price trends.

AWE confirms drilling of Tuatara-1 well off South Island

7 May 2010 - Sydney-based oil explorer AWE Ltd has confirmed that it expects to drill the Tuatara-1 well at the south of the Taranaki Basin adjacent to D’Urville Island at the north of the South Island.

Kupe field produces over 4 PJ of gas in its first quarter

7 May 2010 - The Kupe gas and oil field in its first full three months of operation to March 31 produced 4.47 petajoules of sales though it was not until 22 March that Kupe completed its extensive commissioning programme.

Comet Ridge geophysics for CSG identifies major sub-basins

6 May 2010 - Brisbane-based coal seam gas explorer Comet Ridge says its regional aeromagnetic and radiometric surveys in its Buller and Waikato permits have identified major sub-basins as well as obtaining structural information.

OceanaGold discovers more gold down dip from Frasers underground mine

5 May 2010 - OceanaGold Corporation’s surface drilling has discovered more gold down dip from its Frasers underground mine.

Newmont begins Martha east cutback; proposes 200,000 oz Trio mine

30 April 2010 - Newmont Waihi Gold is going ahead with the mining of the eastern wall cutback of the Martha open pit mine and is also proposing a 200,000 oz underground Trio mine accessed from the present Favona mine.

Schedule 4 submission period extended

30 April 2010 - Minister of Energy and Resources Gerry Brownlee and Minister of Conservation Kate Wilkinson have announced an extension to the public submission period on the government’s proposals outlined on March 22 in the discussion paper Maximising our Mineral Potential: Stocktake of Schedule 4 of the Crown Minerals Act and beyond.

Kea discovers oil-bearing sands at Wingrove-2

28 April 2010 - Start-up petroleum explorer Kea Petroleum has discovered oil-bearing sandstones and another deeper zone with “very high levels” of hydrocarbon gasses indicating oil in its first well Wingrove-2 in PEP 51153, onshore Taranaki.

Rig moves to Tui SW-1 after Hoki-1 well finds no hydrocarbons

27 April 2010 - AWE Ltd reports it has plugged and abandoned the Hoki-1 well in PEP 38401 offshore Taranaki Basin after finding no significant hydrocarbon indications.

L&M Energy discovers gassy coal at depth near Ohai

27 April 2010 - One of the deepest wells reported in New Zealand coal seam gas exploration has found thick deep sequences of gassy coal near Ohai in western Southland in PEP 38220.

New exploration interest in offshore phosphate deposits

26 April 2010 - New exploration interest is developing in ocean floor deposits of phosphate nodules on the relatively shallow Chathams Rise which extends east of the South Island to the Chatham Islands.

Australian coal junior Bathurst begins feasibility study on Buller coal

23 April 2010 - Perth-based junior has signed an agreement with L&M Coal to joint venture and ultimately acquire two Buller coking coal prospects around the Stockton Plateau.

Big boost for Reefton resources

19 April 2010 - The potential of discoveries made several years ago south of the Globe-Progress mine in the Reefton Goldfield were given a shot in the arm with the latest drilling results.

Hydraulic workover unit now working on Maui A

16 April 2010 - A second multi million dollar workover programme has begun work on the Maui A platform on the offshore Maui gas and condensate field and will continue throughout 2010.

TAG encouraged by Waitangi Hill-2 gas and oil signs on East Coast

16 April 2010 - TAG Oil Ltd has experienced a strong ‘oil-wet’ gas kick and found ‘free oil’ in core samples of its Waitangi-2 stratigraphic well in its onshore northern East Coast Basin permit.

Hoki-1 drilling resumes after rig mast repaired

9 April 2010 - Drilling operations at the Hoki-1 exploration being drilled by operator AWE Ltd in offshore Taranaki have resumed after some essential repairs on the Kan Tan IV rig’s drilling mast.

L&M Energy successful with two South Waikato CSG wells

8 April 2010 - L&M Energy Ltd has located coal measures in two previously unexplored parts of its large South Waikato coal seam gas permit.