By Gavin Evans
Sept. 25 (BusinessDesk) - New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth.
Drilling started yesterday with the objective of testing the Matapo and Mangahewa sands that deliver gas in the
Pohokura, Turangi and Mangahewa fields north-east of the city. The well will be drilled to a depth of more than 3,600
metres and is expected to take two months.
NZOG has a 25 percent stake in the permit, as does its parent company Ofer Global Group. Operator AWE owns 12.5 percent,
with the balance held by its parent company, Mitsui E Australia.