NZEC gets it right first try

CANADIAN company New Zealand Energy Corporation has struck black gold at its onshore Taranaki Copper Moki-1 well, with its first exploration effort flowing 1100 barrels per day of oil during initial production testing.

25 August 2011
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Vancouver-headquartered NZEC said overnight it had completed initial testing of Copper Moki-1, in lease PEP 51150 (Eltham), and initiated steps to obtain a mining permit to achieve long-term

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