OMV sees first oil from Maari campaign
An Austrian energy group has drawn its first oil from a drilling campaign in New Zealand.
The firm will invest €205million in the campaign which has five drills producing new reservoirs.
The Maari JV partners are OMV New Zealand Ltd (69%, operator), Todd Maari Ltd (16%), Horizon Oil International Ltd (10%) and Cue Taranaki Pty Ltd (5%).
Completion is expected by mid-2015.
- Energy Voice
- Published on:
- December 1, 2014
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