Wellington, Oct 11 NZPA - ExxonMobil and Todd Energy have bailed out of drilling for oil and gas in the Great South Basin, south of the South Island.
Wellington, June 10 NZPA - As big multinational energy explorers focus on New Zealand's offshore petroleum basins, the chief petroleum geologist for Crown Minerals, Dr Richard Cook, says the oil and gas yet to be discovered could be key drivers of the nation's economy.
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