Abstract

New Zealand is a vast continent with many potential hydrocarbon basins. The political landscape has changed, the government has restarted data acquisition initiative, the Resource Management Act is being streamlined and the carbon tax is being reviewed. New Zealand is a great place to weather the economic storm with a sound and flexible banking system, the monetary policy is being loosened and the falling industry costs are reflected by increased in exploration activity. 2D and 3D seismic activity and drilling activities continue to increase. New discoveries are being made and fields are being developed like the Maari Oil Field and the Tui Oil Field. Blocks of average are currently being offered over two basins; Northland and Raukumara.

Keywords: New Caledonia • Lord Howe Rise • West Challenger • Challenger Plateau • Tarannaki • Outer Taranaki • Reinga • Northland • Raukumara • East Coast Basin • Pegasus • Chatham Rise • Bounty Trough • Canterbury • Great South Basin • Solander • Pukaki Basin • Outer Pukaki Basin • Campbell Plateau • Campbell Basin • Outer Campbell Basin • Maui Gas Field

Presented at: 2009 South East Asia Petroleum Exploration Society (SEAPEX) Conference, Singapore, 2009