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NEW ZEALAND

AWE heading into Taranaki deep water

AUSTRALIAN Worldwide Exploration is heading into the deep waters of New Zealand's Outer Taranaki Basin after taking a 10% stake in the basin's sole exploration permit.

AWE heading into Taranaki deep water

Sydney-headquartered AWE executed a farm-in agreement with US operator Global Resource Holdings by partly funding the planned 3100-kilometre 2D seismic survey, due to be shot over the area this summer...

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