For a while I lived in Wairarapa NZ and while out on the East cost have offen heard stories about oil seepage on farmland in that area. I though this might be an “old wives tale” but when I looked into it a bit more seems there is allot of oil speculation history in this area.
I am keen to see Tap drill the East coast basin, they acquired seismic data for this area in Feb 06. There does not seem to be any mention of a time for drilling this area.
Anyone have information on this?
http://subs.nzherald.co.nz/location/story.cfm?l_id=150&objectid=10374819
Quoted from above link:
New Zealand exploration manager Bruce Morris says it is still early days but the region could yield positive results, as there are "quite regular seeps all along the east coast of the North Island".
Also an old article from2003:
http://wairarapa.co.nz/times-age/weekly/2003/oil.html
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