Project Profile
Location: Great South Basin south east of the South Island, New Zealand
Area: 9,835 sq km
Licence award: 5th December 2013
Licence expiry: 31st March 2029
Exploration Licence duration: 15 years
Start-up Year: -
New Zealand Oil & Gas Ltd. has acquired interest in a new permit in the New Zealand Government’s 2013 Block Offer. PEP 55794 \'Toroa\' in the Great South Basin south east of the South Island covers 9,835 square kilometres.
Operators:
Woodside Petroleum: Operator with 70% interest
New Zealand Oil & Gas Ltd.: 30% interest
Contractors:
Dolphin Geophysical: contract for two 1,100-sq km 3D seismic surveys (November, 2015)