Genesis Power Ltd. Company News

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Genesis Wins Permit for Offshore North Taranaki
Electricity producer Genesis Power has made it first step on its own into offshore exploration with the granting of a permit to the company over the Mangatoa area in nearshore North Taranaki.
8:00 PM EST | May 15, 2007
Genesis Power & New Zealand O&G Reach Agreement for Kupe Gas
Genesis Power Limited and New Zealand Oil & Gas Limited have agreed key commercial terms for Genesis to purchase NZOG's share of gas from the Kupe field and fund up to NZ$40 million of NZOG's Kupe development costs.
8:00 PM EST | May 09, 2004
Austral Pacific & Genesis Power to Drill Cardiff-2
Austral Pacific has signed a Memorandum of Understanding with Genesis Power to drill Cardiff-2, a deep gas well, in Petroleum Exploration Permit PEP 38738 in the onshore Taranaki Basin, New Zealand.
8:00 PM EST | April 28, 2004
Origin Energy Eyes Stake in Kupe Gas Field
Origin Energy is in negotiations with Genesis Power for the acquisition of a 50% interest in the Kupe oil and gas field situated offshore Taranaki basin
7:00 PM EST | January 28, 2004
Sale of Crown's Stake in Kupe Field to Proceed
The Crown is to proceed with the sale of its 11% share in the Kupe gas and oil field, located offshore New Zealand.
7:00 PM EST | December 14, 2003
New Zealand Maori Claim Oil & Gas Rights
A claim on oil and gas interests by the Maori of New Zealand could render so-called full and final treaty settlements meaningless.
8:00 PM EST | May 18, 2003
Engineering Study Planned for Kupe Field Development
Kupe Field partners Genesis Power Ltd and New Zealand Oil & Gas Ltd are commissioning an initial engineering study to refine the preferred development concept of an offshore unmanned facility, with processing of liquids to be carried out onshore.
8:00 PM EST | May 08, 2003
New Zealand Government Sells Stake in Kupe Field
The New Zealand Government is selling its 11% stake in the Kupe Field offshore the Taranaki coast to Genesis Power.
8:00 PM EST | April 13, 2003