Project Profile
Value: Undisclosed
Location: Deepwater extension to the Taranaki Basin
Start-up Year: -
Area: 16,380 sq km
PEP 38451 is located over the deepwater extension to the Taranaki Basin. The permit covers an area of 16,380 sq km and includes multiple prospects and leads. The permit was expected to be drilled on or before September 30, 2013.
Currently, Anadarko Petroleum the operator of the permit holds 50% interest, Hyundai HYSCO- holds 33.333%, Global Resource- 11.11% and the remaining 5.556% is held by Randall.
Operators:
Anadarko Petroleum: Operator with 50% interest
Hyundai Hysco: 33.33% interest
Global Resource: 11.11% interest
Randall: 5.556% interest