Taranaki Bidding Round to Close Soon

Applications for the petroleum exploration bidding round covering over 17 blocks in offshore north Taranaki and onshore Taranaki in New Zealand will close on October 31, 2003. The nine offshore and eight onshore blocks on offer are located in one of the most promising exploration theatres in New Zealand for finding large oil or gas accumulations.

Applications for a separate bidding round for Deepwater Taranaki Basin blocks will close on September 30, 2003.

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Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
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