Oil and gas joint venture partners Shell and OMV may be
undertaking deepwater drilling with an exploration well in
the Great South Basin (GSB) before the end of the year.
Emily Cooper can remember the excitement, as a child, of
visiting the drapery store in Waikouaiti on a Friday night.
The lamb price ''worm'' appears to be turning, ASB rural
economist Nathan Penny says.
The value of units in the listed Fonterra Shareholder Fund
(FSF) continue to plumb new lows, having struck $5.04 during
the week, before retracing to about $5.15 yesterday.
When it comes to the future of New Zealand's red meat sector,
''somebody has to make the move'', Meat Industry Excellence
principal adviser Ross Hyland says.
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