Ten new permits have been granted for oil exploration in New
Zealand, including five offshore permits.
Energy Minister Simon Bridges announced the second round of
block offers this morning at Parliament.
Five of the permits were for onshore exploration in Taranaki
and the East Coast.
The other five permits were for offshore exploration in
Reina-Northland, Taranaki and Great South-Canterbury Basins.
The block offer attracted three new international companies
to prospect in New Zealand and could be worth up to $720
- Isaac Davison of the New Zealand Herald