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New Zealand grants first offshore petroleum permit since reversing exploration ban
New Zealand's government has issued its first offshore petroleum exploration permit. This action follows the reversal of a ban previously imposed by the former Labour government. Resources Minister Shane Jones stated the permit signifies the nation's openness for business. Australian company EnZed Energy received the permit for the Taranaki Basin. Several other companies have applied for exploration rights ahead of elections.
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rnz.co.nz
First offshore oil exploration permit since ban lifted granted
The government has granted Australian firm EnZed Energy a 12-year permit to look for oil in the Taranaki Basin.
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nzherald.co.nz
First offshore oil permit granted since ban repeal
Australian explorer EnZed Energy has secured a 12-year offshore permit.
