Sounding better day after day. New Zealand is turning out to be highly prospective for both oil and gas. There are 4 or 5 new prospects off the east coast as big as the huge Maui field that has been supplying NZ with gas since the 70s.
The Huinga 1B well was seismic tested a week ago and apears to be right over the two targets.
PCL, BLO, AWE, ITC, page-4
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