NZOG relinquishes last remaining licence outside Taranaki
New Zealand Oil & Gas (NZOG) has relinquished the Toroa petroleum exploration permit, the final permit located outside the Taranaki Basin.
The Toroa permit, or as it is precisely named – Petroleum Exploration Permit 55794, contains the Kaipatiki prospect and is the last of NZOG’s domestic exploration permits.
Source: Offshore Energy Today