NZOG sees more potential in deepwater Barque prospect off Oamaru

Mon, 20 Feb 2017

By Paul McBeth Feb. 21 (BusinessDesk) - New Zealand Oil & Gas, which is hunting out new investment opportunities, is in talks with prospective partners for the deepwater Barque prospect off Oamaru's coast after almost trebling the size of what a successful find could deliver. Wellington-based NZOG is presenting the farm-in internationally on behalf of its 50/50 joint venture with ASX-listed Beach Energy, seeking partners with "experience and scale to drill the prospect", it said in a statement. The energy explorer and producer got an ext...

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