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Beach abandons New Zealand well
Beach Energy has advised that OMV, operator of the Tawhaki-1 exploration well in the Great South Basin offshore New Zealand, has reached a target measured depth of 2980m at the prospect. Following drilling of the exploration well by the COSL prospector rig, the joint venture (OMV 52.93 per cent, Beach 30 per cent, Mitsui E&P …