Greymouth to challenge exploration ban in court

Thu, 27 Sep 2018

By Gavin Evans Sept. 27 (BusinessDesk) - Greymouth Petroleum, the second-largest New Zealand-based oil and gas producer, has started court action challenging the government’s plan to ban the offering of new offshore exploration permits. The company, whose assets include the onshore Turangi, Onaero, Kowhai, Radnor and Ngatoro gas fields, said the government’s April 12 announcement halting further offshore block offers was unlawful. Chairman Mark Dunphy said the Crown Minerals Act requires the government to consult on any planned changes...

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