Seven of the 10 blocks on offer were in the Taranaki basin, while two lie in the Pegasus basin and the remaining block is located in the Great South basin.

A joint venture between Cheal Petroleum and East West Petroleum picked up three permits in the onshore Taranaki basin, one was awarded to Tag Oil and New Zealand Energy Corporation and New Zealand Oil & Gas (NZOG) were also awarded an onshore permit in the basin.

Todd