Genesis moves on Kupe

NEW Zealand Oil & Gas has elected to sell out of one of its two producing assets, Kupe, in the Taranaki Basin, to NZ utility and partner Genesis Energy.

Genesis moves on Kupe Genesis moves on Kupe Genesis moves on Kupe Genesis moves on Kupe Genesis moves on Kupe

The move comes as NZOG’s other production asset, the Tui Area field, continues to decline and operator AWE (57.5%) begins marketing the field for sale.

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