| PEP 52181 | |
| | |
|
Posted on 23 March 2016
The joint venture in PEP 52181 (Kaheru), offshore South Taranaki, has submitted an
application to surrender the permit.
Operator New Zealand Oil & Gas announced in February that economic conditions could not
support drilling the prospect before the commitment date of May 2016.
After exploring options to defer or amend work obligations, the joint venture has submitted to
the regulator an application to surrender the permit.
The permit is held by New Zealand Oil & Gas (35%, Operator), TAG Oil (40%) and Beach
Energy (25%).
|
|
|
New Zealand Oil & Gas Ltd.
|
|
|
CODE : NZO.AX |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
New Zealand Oil & Gas is a oil and natural gas producing company based in Australia. New Zealand Oil & Gas is listed in Australia. Its market capitalisation is AU$ 161.1 millions as of today (US$ 104.7 millions, € 97.8 millions). Its stock quote reached its highest recent level on July 16, 2010 at AU$ 0.78, and its lowest recent point on June 09, 2023 at AU$ 0.32. New Zealand Oil & Gas has 392 842 727 shares outstanding. |