Andarko, Origin want more time to test Carrack-Caravel

UNITED States major Anadarko and partner Origin Energy have applied for a second term for their offshore Canterbury, New Zealand, lease PEP 38262. The lease contains the promising and potentially huge Carrack-Caravel structure.

According to the Crown Minerals Group, operator Anadarko has applied to extend the duration of the licence, which was due to expire this Saturday, for another five years.