Fourth Oil and Gas Exploration Bid Opens for Waikato Region

Fourth oil and gas exploration bid opens for Waikato region

Image – nzpam.govt.nz. Resources Minister Shane Jones says a fourth petroleum exploration permit application has entered the competitive approval process since the Government lifted the oil and gas exploration ban late last year, describing it as a sign of renewed industry confidence in New Zealand’s energy sector. New Zealand Petroleum & Minerals has opened a three-month competitive process for an onshore and offshore exploration permit area in…

Fourth petroleum permit application enters competitive process

The fourth petroleum exploration permit application since the removal of the exploration ban late last year has entered the open market competitive process, an encouraging signal of renewed confidence in investing in the country’s sector, Resources Minister Shane Jones says. New Zealand Petroleum & Minerals (NZP&M) has today opened a three‑month competitive process for an onshore and offshore exploration permit application in Waikato, south of K…