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Gas-focused new entrant good news for NZ’s petroleum sector

Summary by The Beehive
The sale of Matahio Energy’s New Zealand assets to independent oil and gas explorer and producer Sunda Energy is good news for New Zealand’s petroleum sector and a further signal of growing international interest in the opportunities on offer, says Resources Minister Shane Jones. The companies have today announced a sale and purchase agreement covering Matahio’s New Zealand assets, which include well‑established onshore oil and gas operations in…
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The Beehive broke the news in on Wednesday, April 8, 2026.
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