Interest rising in New Zealand’s East Coast basin

Exploratory drilling will be increased late next year in the onshore portions of New Zealand’s East Coast basin as Trans-Orient Petroleum Ltd. begins a drilling program.The company has identified 50 prospects and leads over its two permits-PEP 38348 and PEP 38349-covering 2 million acres. It will target potential source rocks of Paleocene and late Cretaceous age in the Whangai formation, which is “exposed in outcrop in some areas, and greater than 10,000 ft down in others,” said Dave Bennett, chief executive officer of Trans-Orient.Bennett said, “[The Whangai] is now a forearc basin with lots of active structuration going on. Up until the Oligocene, i.e., through t...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected