Todd Energy to resume drilling in 2025

Todd Energy's Mangahewa production plant. (Image: supplied)

Thu, 28 Nov 2024

Todd Corporation’s energy division will undertake an oil and gas drilling programme in 2025, having sat out 2024 with no new activity.In a short statement and at a presentation at the Taranaki Energy Resource Forum by Todd Energy chief executive Mark Macfarlane, the company said it would begin a new drilling programme in its Mangahewa onshore oil and gas field in 2025.“Depending on the success of this programme, future development and further appraisal of existing fields will be considered,” the company said.With natural gas s...

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