New Zealand Oil and Gas said it and its partners have struck a ‘world class’ oil find at its Pateke-2 well about 40km off the Taranaki coast. Its rig had hit oil after about two weeks of intense drilling. “NZOG considers that it is likely that the field will rapidly proceed to development with a…
NEW ZEALAND: NZ Oil & Gas makes ‘world class’ oil find off Taranaki
Posted on August 30, 2004 by EnergyAsia