Bidding opens for oil and gas in Great South Basin

Opening of bidding round launches race for oil and gas in Great South Basin

Associate Energy Minister Harry Duynhoven today announced the much anticipated opening of bidding for new petroleum exploration permits in the Great South Basin off the south-eastern coast of Otago and Southland.

Mr Duynhoven confirmed that forty blocks are being offered for bidding, each approximately 9,000km2 in size.