Beach 50%, NZOG 50% and operator
The lightly explored PEP 52717 is located in the Canterbury Basin, approximately 40 kilometres off the east coast of the south island. A well was drilled nearby in the 1980’s, encountering gas with high liquids content. Reprocessing of 1,250 km of vintage 2D seismic data was completed, and a 700 km2 3D seismic survey was acquired in late FY13 over the Barque and Tartan Wedge prospects. The 3D data is currently being processed.
Beach 50%, Todd Exploration 50% and operator
Located in the Northern Taranaki Graben, west of the north island.