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EXPLORATION

NZ hopes for better uptake

NEW Zealand energy minister Judith Collins has opened the Block Offer 2017 tender for petroleum exploration permits, hoping for a much better response that the abject failure that was the 2016 acreage with just a single 219sq.km permit awarded.

Haydn Black
NZ hopes for better uptake

The 2017 offer includes five offshore release areas, two onshore release areas, and one offshore/onshore release area, totalling 481,735sq.km.   The launch of the tender follows extensive consultation...

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