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
Vice President Exploration & Production
Head office:
Level 1
36 Tennyson St
Te Aro, 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
