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Canadian Oil Companies Riding The Boom in New Zealand

May 7, 2012 via CanadianOil Tagged With: new zealand energy, new zealand oil and gas, oil and gas new zealand, tag oil, tsx:tao, tsxv:nz

new zealand taranaki basin east coast basin

The kiwi oil and gas industry is ready for lift off and investors can be part of the action thanks to 2 Canadian oil companies offering a large exposure to massive amounts of oil and gas in high impact conventional basins and in highly prospective multiple shale packages. The beauty about New Zealand is its extensive energy infrastructure, its political stability, its attractive fiscal regime and a unique opportunity to develop world-class hydrocarbon resources in multiple underexplored onshore and offshore sedimentary basins.

New Zealand produces about ~55,000 barrels of oil per day exclusively from the Taranaki Basin with current demand … Continue Reading

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