EPA gives early nod on Taranaki well consent application

Fri, 05 Sep 2014

By Pattrick Smellie Sept. 5 (BusinessDesk) - The first marine consent application to drill for oil and gas in the Taranaki Basin has gained early approval from the Environmental Protection Authority in a process being closely watched by the industry after the hurdles struck by two seabed mining applicants who were first to test a new regime governing economic activity in New Zealand's vast offshore Exclusive Economic Zone. Today's release is a staff report based on Austrian explorer and producer OMV's application for an exploration drilli...

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