Anadarko tight-lipped on Otago drilling

Oil company Anadarko won't confirm claims its exploration off the Otago coast has been unsuccessful.

Greenpeace said leaked information showed the company had found only hard rock granite, schist and clay.

Anadarko's New Zealand manager Alan Seay wouldn't confirm or deny the reports but told Radio New Zealand (RNZ) the company was still analysing information from the drilling.

"We're in the very early stages of what they call logging, which is what they call gathering the information from the well, and it's way too early to draw any conclusions at this stage," he said.

"I'm being told that we're conducting the logging, we're gathering the information, and it's going to take quite a few months to do the analysis and to work out what the next steps might be."

Mr Seay said planning for a second well in Otago was still in place, "but it was always a long shot".

RNZ reported the Ministry of Business, Innovation and Employment had not received notification of an intention to drill a second hole or hydrocarbons being found.

Dougall Roberts of Roberts Oil told RNZ he felt the Greenpeace claim was a bit "bogus".

"These are enormous, enormous areas to consider when you're looking for ... a defined resource.

"I think there's more work to go."

Mr Roberts said the prospects for finding oil in the area were still good.

Anadarko did not find commercial quantities of oil or natural gas in its drilling in the Taranaki Basin last year.

Dunedin can't pick and choose

Digger: I was also against the stadium as it was never going to bring in any money or jobs. It was always going cost us all. As for gambling etc, there is already gambling in Dunedin, there is already a thriving red light district in Dunedin its call the CBD. Have you any idea of how many upstairs rooms in our CBD are being used for these activities, there's even a strippers on the main street. I think it time for you to open your eyes and see these things if you don’t think they are already here.
As for armaments yes, I would support that. Someone has to make them, so why don’t we? It's not the guns that kill, it's the people holding them. Oh I forgot, we are clean and green and a nanny state on top of that. NZ government already invests money in overseas armament factories as a way to get a return so what difference does it make if those factories are here? I'll tell you - it means more people will get a return: wages.
No, I don’t think we need to relax any environmental rules. Just look at the redevelopment at Speight’s - no rules broken there. The unemployed in Dunedin can’t pick and choose what jobs they want if they want to work. Dunedin can’t continue to pick and choose what industry it wants if it is to survive. Dunedin can no longer afford to take the high moral ground and turn down everything that does not fit in with everyone's idea of Dunedin. Not as long as the government forsakes Dunedin for
Christchurch or other main centres.
Have you ever heard of these: Crushington, Lyell, Solders Flat  Notown, Waituta... the list goes on and on. All towns on the West Coast of the South Island that no longer exist due to their primary industry drying up (gold, lumber and farming) and left the town high and dry. Most of them in the last 100 years, with Waituta being the last to go in the late 50s. If something is not done Dunedin will most likely end up in a very similar way. And before you say rubbish, no one believed that their towns would go that way either. Both Lyell and Waituta were large towns with a high populations. Now the only thing left is a few old headstones in the bush.  

 

Desperate for jobs

lgn. I can understand the strong desire - and need - for more jobs here, but you say,'I will support anything that is likely to bring jobs into Dunedin, and don't care what.'

You can't be serious. This is a wail of desperation for jobs. Would you like a huge gambling industry here along with a thriving red light district or how about an armaments industry if we could attract it? How about some really dirty polluting industries where we relax environmental rules in order to attract such industry...and jobs? How about supporting the building of more stupid projects, like the stadium which, once built, bleed us dry with debt?

Economic sanity

Ign: well that's the point I've continually tried to make here - we need to favour the sorts of developments that leave more money in our economy than they take - mostly that means ones that leave large salaries here or ones that leave local founders well off and spending the proceeds in the local economy. Mostly that means we have to make something, add value to a raw material, and sell it elsewhere (what Hillside and F&P used to do, and what new economy IT startups do), or we need to provide a service paid for by someone outside the city (the Uni is a great example of that, so is tourism, and what F&P does now).

All other economic activity, especially in the service industry (the shops downtown, accountants, movie theatres, the stadium etc) are just spending that money - we don't need to spend any extra effort developing those sorts of businesses they'll happen on their own if the demand from the primary sector is there. Things like oil drilling and the hotel are services that will leave a small amount of extra wealth in the economy - but compared to their sizes they are tiny compared with what a couple of new successful primary sector companies employing 1-200 people doing high paid work would be - those are the sorts of companies we should be spending time on.

I would guess that the economic benefit of the Invermay researcher's salaries would be ten times the impact of the - hotel box's maids' salaries and yet the Mayor seems to have been spending 10 times more of his time working on getting that done when by any sane measure of economic impact it should be the other way around. If I were mayor I wouldn't have built the stadium, instead I'd have found a way to use that prime space right next to the Uni and Polytech to build an R&D park, and found a way to make it affordable (close to free) for new companies, and I would have spent the past 3 years poaching companies from Christchurch.

Employment

Don’t have a Beverley Hillbllies complex. The supporters for drilling, hotels etc just want to see employment happening in Dunedin. They don’t care where the jobs come from as long as it is a job. Most of the unemployed in Dunedin are under-educated and will never have any hope of getting high-paid jobs (not that there are that many of them in Dunedin). Most people just want jobs and see things like the drilling as a chance. If it was to go ahead they might just stand a chance of working for above minimum wage.
Mike, I like a man who is willing to stand and be counted where he can. I'm pleased to hear that you have put your money where your mouth is. I may not always agree with your comments, but you get my respect for helping others. I have spent most of my life helping the disjointed people in our community. So I know what I'm talking about when it comes to people wanting jobs. One of the things I do is help put under-educated people or people with mental health or intellectual disabilities into meaningful employment.
I will support anything that is likely to bring jobs into Dunedin, and don’t care what
impact it may or may not have on the surrounding community. I simply look at from the point of view of someone who struggles to pay the rent and put food on the table for their families. I too would love to see renewable-style jobs rather then drilling. That takes a lot money. But where is that money to come from if not from outside of Dunedin to begin with?

Naive

It will be a happy day the day the Texas oilmen of Anadarko decide to pack up and cut out this nonsense about doing their dirty work in the rough waters off coastal Otago that they know they have no business drilling in in the first place.
People here who actually think that Texas oilmen are going to share any of the wealth to be extracted here or anywhere are extremely naive and uninformed. The millions will flow right back to Texas to support their already obscene wealth there as well as crackpot and war mongering politicians in the US (yes, Texas oil is king in American politics, hence 12 years of the Bush family - and that's just for starters) while destroying native wildlife, the ecosystem and tourism locally.
Have any of you oil supporters actually been to a beach in Texas? Guess what, balls of sticky black tar from spilled and leaked oil collect on the beaches of the "Third Coast" all over the place, so that you can't even walk barefoot. The ocean is brown and it smells. Look at what oil did to Louisiana's coast and sealife. They've ruined and soiled their own nest, and now they are coming after yours, and you are letting it happen. [Abridged]

Certainly

Ign: Certainly - I think I've helped 8 or 9 people working on starting small companies in the past 18-months, contributing my own time, my expertise, in some cases money or doing work for free that I'd normally charge out for thousands of dollars. Sure, I expect most startup companies to fail -  that's the nature of the beast - but that doesn't mean you shouldn't try and  shouldn't encourage others to try. If we're lucky those 8-9 might eventually produce one good company.

Why have I been doing this? Like you I have kids who are moving into the work force in the near future - I'd love for them to stay in Dunedin but know they won't if the high-paying jobs they will be trained for are only available elsewhere. They haven't gone to Uni to become hotel maids, popcorn sellers or roustabouts - all these think big projects seem to cost a lot but only make unskilled jobs which means they wont leave much money in the local economy. I worry too many of our kids will continue to move away, more schools will close and our city will become non-viable, a debt-ridden financial disaster erecting cargo cult icons to try and attract sugar daddies - meanwhile our council fiddles while our economy burns.

The important message really is that it takes hard work to do well in the world. Living your life waiting to win the lottery, or waiting for the arrival of the money fairy, is not a viable business plan. Nor is it a plan for life.

Beverley Hillbillies complex

Mike Stk: I agree with you. The oil fever people have a kind of Beverley Hillbllies complex - people who think all the riches from oil will be theirs for the taking. Naive at best. Multi-national oil companies bear no relationship to the Salvation Army. As you say. salvation comes from our own efforts, not expecting cargo cult economics. 

Missing the point

Mike: I think you miss the point. You say open our own wallet. Just how many people in Dunedin do you think have any spare money to be able open their wallets and fund someone's idea?  I would think only investors willing to put money into Dunedin can open their wallets. What about you - have you taken your own advice and put money on a student fresh out of school with an idea? There are very few jobs out there, and a lot of people trying to get that one low paid job to put food on the table.
People are supporting anything and everything that they think might help them to gain employment, so they can keep their heads above water.
Both my wife and I work, we have 4 kids living at home - the oldest one can't move out because he can't find a job now. We have food to buy, insurance to pay, the bank owns almost as much of our house as we do, and there's the high rate to pay for the stadium. Is it any wonder people look towards Anadarko, or the 5-star hotel with hope in their eyes?
Looks to me like both those for and those who protested the drilling have both maybe wasted our time. We should have all sat back and waited to see what the outcome would be before letting our fingers loose on the keyboard. Think of all the oil-based products that have been used in protesting - all for nothing,  it would seem.

Fossil fuel flights of fancy

So it looks like Anadarko's test well is dry. All the more reason to develop the renewable energy resources we know actually exist.

By our own bootstraps ....

OK so yet another think big "someone will bring in a bunch of money and fix our economy with one big project" scheme has fallen though ....

Has it got through Dunedin peoples'skulls yet that in the real world no one ever shows up out of the blue and just showers you with money.  You have to earn it yourself. If you want to get rich or you want your community to get rich you have to do it yourself, you have to pull yourselves up by your own bootstraps.

That means you have to take a risk and open your own wallet and invest in your community, look around you, is there a neighbour with a bright idea? a student just coming out of Uni or Polytech? a relative? forget that tall poppy thing you grew up with, give them all the encouragement you can, and take a risk, fund them as much as you can afford, even better tell your friends get them involved, form a syndicate to back them. Then do it again.

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