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Todd abandons NZ well

Wellington-based Todd Energy has decided to abandon an exploration well in New Zealand's offshore Taranaki basin following disappointing results.

Abandoned: Todd has elected no to carry out further evaluation of a zone in the well which encountered hydrocarbon shows
Abandoned: Todd has elected no to carry out further evaluation of a zone in the well which encountered hydrocarbon shows
Published 19 January 2016, 07:23Updated 19 January 2016, 07:23