New Zealand

Horizon plots NZ project life extension

Horizon Oil has continued to deliver strong oil production from its stakes in the Maari and Manaia fields, New Zealand, with 310,122 barrels of oil recorded in the company’s 2020 half year report. The
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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
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Beach increases budget for 2020 project development

Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled
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Horizon marks strong end to 2019

Horizon Oil has completed another encouraging calendar year across its international operations with production of 1.6 million barrels, which resulted in revenue of $US111 million ($161 million). The company’s
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Beach acquires share in offshore NZ project

Beach Energy has reached an agreement with OMV GSB to acquire a 30 per cent participating interesting in exploration permit PEP50119 in the Great South Basin offshore New Zealand. Under the agreement
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Tamarind acquires NZ oil and gas assets

The transaction comprises production from the Cheal and Sidewinder oil and gas fields; new discoveries under development at Puka, Supplejack and Cardiff; the three production facilities in the Taranaki
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