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Reserves and Resources

 

The Company has reserves in the Taranaki Basin in Taranaki.

 

Please see the latest form 51-101F1 Reserves Report filed on the system for Electronic Document Analysis and Retrieval (SEDAR), and also under the Financial Reports tab in this section of the Website.

 

 

Despite its highly prospective geology and numerous oil and gas seeps, New Zealand remains largely underexplored and offers a unique opportunity to develop world-class hydrocarbon resources in a geopolitically stable region.

 

We’re currently producing light, high-quality oil from seven wells in the Taranaki Basin, and executing a comprehensive development and exploration program to further increase production.

Learn more.