Ann: MINE: NZO: Kan Tan IV released from Oi

• Release Date: 21/07/14 09:03
• Summary: MINE: NZO: Kan Tan IV released from Oi
• Price Sensitive: No
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					NZO
21/07/2014 09:03
MINE

REL: 0903 HRS New Zealand Oil and Gas Limited

MINE: NZO: Kan Tan IV released from Oi

Operations to plug and abandon the Oi-1 and Oi-2 wells in Petroleum Mining
Permit 38158, offshore Taranaki, New Zealand, have been completed, the
operator has advised.

The rig Kan Tan IV was released at 1.00PM on Saturday, 19 July.

The joint venture partners in the Oi exploration well are:
AWE Limited: 31.25% (Operator).
Pan Pacific Petroleum: 50%
New Zealand Oil & Gas (through subsidiary): 18.75%.

The Joint Venture partners in PMP 38158 are:
AWE Limited (Operator) 57.5%
New Zealand Oil & Gas (via subsidiaries) 27.5%
Pan Pacific Petroleum (via subsidiaries) 15%
End CA:00252891 For:NZO    Type:MINE       Time:2014-07-21 09:03:50