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NEW ZEALAND

Discovery Geo not leaving NZ: Martin

US independent Discovery Geo Corporation president Bernett Martin denies the company is planning to exit the New Zealand exploration scene after it surrendered two of its three East Coast Basin licences.

"We are still active in New Zealand, we are definitely not leaving," Martin told PetroleumNews.netfrom Texas this morning. Discovery Geo surrendered the offshore licence PEP 38343 and the onshore lease...

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