NZOG shows way in Canterbury Basin oil search
21 Nov 2008
NZOG’s lead in the Canterbury Basin permit makes it a pathfinder in the drive by New Zealand companies to hold their exploration and production destiny in their own hands.
The area has been worked over since the 1970s. Galleon-1, drilled during this era, looked especially promising, but was abandoned as being sub-commercial.
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Story copyright © Carbon News 2008
Gas supply reducing faster than forecast
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