Block Offer 2012

In February 2012, the Government began consultation on the first national Block Offer under the Petroleum Action Plan, Block Offer 2012.

25 submissions were received – 16 from iwi and hāpu, and 9 from local government. In response to the consultation feedback the 2 blocks in Taranaki were removed, a number of blocks were redefined and conditions were added for permits granted for a Block in Taranaki (12TAR4) to reflect the Patea River’s importance to Ngati Ruanui.

Block Offer 2012 was announced on 8 June 2012 and closed on 15 October 2012. Permits were awarded on 11 December 2012. The permits include 5 onshore permits across Taranaki and 5 offshore permits across Taranaki Basin, Pegasus Basin and Great South Basin.

Permit number Block Basin Permit holder / Joint venture
Offshore
54858 12PEG1 Pegasus Basin Anadarko New Zealand Company
54861 12PEG1 Pegasus Basin Anadarko New Zealand Company
54863 12GS2 Great Southern Basin Shell GSB Limited, OMV New Zealand Limited and Mitsui E&P Australia Pty Limited
54865 12TAR9 Taranaki Basin Todd Exploration Limited and Cue Taranaki Pty Limited
54857 12TAR8 Taranaki Basin NZOG Canterbury Limited
Onshore
54867 12TAR7 Taranaki Basin NZEC Manaia Limited and NZOG 38259 Limited
54873 12TAR6 Taranaki Basin TAG Oil (NZ) Limited
54879 12TAR5 Taranaki Basin Cheal Petroleum Limited and East West Petroleum (NZ) Limited
54877 12TAR4 Taranaki Basin Cheal Petroleum Limited and East West Petroleum (NZ) Limited
54876 12TAR3 Taranaki Basin Cheal Petroleum Limited and East West Petroleum (NZ) Limited
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