PEP 52717 (Offshore Canterbury Basin)

Farm-In Profile

PEP 52717 (Offshore Canterbury Basin)

New Zealand Oil & Gas

New Zealand Oil & Gas Ltd (Operator, 50%) is offering equity in PEP 52717 on behalf of the Joint Venture. The primary reservoir in the “Barque” prospect is expected to contain 5 TCF of wet gas (mean in place). The preferred development concept has a best estimate, gross, unrisked 460mmbl + 1.4 TCF mean recoverable gas condensate field.  Secondary reservoirs give the Barque Prospect a total mean upside potential of ~11 TCF of wet gas in place.   The Permit holds significant further upside potential and running room.  Material equity and operatorship are available. 

Contact details:

Dr Chris McKeown
Vice President Exploration & Production

Head office:
Level 20
125 The Terrace
PO Box 10 725
Wellington 6011
New Zealand

DDI: +64 4 495 2410
M: +64 21 344 953
P: +64 4 495 2424

 

Farm-In Opportunity

PEP 52717 Offshore Canterbury Basin, New ZealandDownload

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