Some articles to help you make you own "informed" decision. They are obviously not just drilling blindly.
Oil finds..
http://www.lmgroup.net.nz/display.aspx?cid=5407
Oil seeps..
http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10428502
Drilling...video
http://www.lmgroup.net.nz/video/News/2006_tv3_segment_01.htm