More Great South Basin Acreage Available

The holders of PEP 38225 located in the Great South Basin in New Zealand have applied to surrender their permit. This surrender has been accepted and will take effect May 18, 2006.

The draft terms of the blocks offer to be held in the Great South Basin this year excludes any area under permit at the time bidding closes. This has meant that Blocks 1, 2, 12, 13, 18-20 and 26-28 have had some acreage within the proposed permit boundaries subject to the exploration permits (PEP 38215, PEP 38228 and PEP 38225).

However, the holders of PEP 38225 have surrendered this permit. This will take effect May 18, 2006.

The surrender now means that Blocks 18, 26-28 will be available for bidding, substantial portions of Blocks 19 and 20 will also be available in their entirety.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Survey Project Manager
Expertise: Landman|Project Management|Surveying
Location: Corpus Christi, TX
Brownfield Project Manager
Expertise: Pipeline Engineering|Project Management
Location: Houma, LA
Land Analyst - WY / UT Land Grant
Expertise: Landman|Lease Analyst|Legal
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.2/BBL 3.29%
Light Crude Oil : $47.89/BBL 3.34%
Natural Gas : $2.94/MMBtu 1.37%
Updated in last 24 hours