Sunda Energy Applies for Offshore Taranaki Basin Exploration Permit

Sunda Energy applies for offshore Taranaki Basin exploration permit

UK-listed Sunda Energy has submitted an application for a petroleum exploration permit (PEP) covering approximately 645km² in the offshore region of the Taranaki Basin, situated along the west coast of New Zealand's North Island. The permit area includes the Awakino gas condensate field,…

Sunda Energy seeks offshore Taranaki exploration permit

A new offshore petroleum exploration proposal has been opened to competing applications after Sunda Energy applied for a permit covering part of the northern Taranaki Basin, marking the sixth petroleum prospecting or exploration application accepted since the Government lifted the ban on new offshore oil and gas exploration. New Zealand Petroleum and Minerals (NZP&M) has begun a three-month competitive application process for the proposed 645-sq…

New entrant seeks to expand exploration portfolio

Resources Minister Shane Jones has welcomed further investment interest in New Zealand's petroleum sector, with a recent new entrant seeking to expand its exploration interests in the offshore northern Taranaki Basin. New Zealand Petroleum and Minerals (NZP&M) has today opened a three-month competitive application process for a petroleum exploration permit application from Sunda Energy. "This is the sixth petroleum prospecting or exploration per…