New Zealand Exploration

Onshore NZ Permit

The PEP51153 permit  is located onshore Taranaki Basin of New Zealand.

Melbana announced on 19 October, 2018 that it has signed a binding agreement for the divestment of its 30% interest in PEP51153 to its joint venture partner CX Oil. The agreement is subject to regulatory approval. 

New Zealand - Taranaki Basin