Wellington, Feb 24 NZPA - A $10.9 million exploration write-off hurt New Zealand Oil & Gas in the latest half year, but the company is pushing ahead with more exploration wells in the offshore Taranaki Basin.

Wellington, Feb 24 NZPA - New Zealand Oil & Gas reported a sharp turnaround in its half-year results, with a net loss of $6.5 million in the six months to December, compared to a net profit of $54m a year earlier.

Wellington, Jan 8 NZPA - The 20 millionth barrel of oil has been produced from the Tui area oilfields in offshore Taranaki. And for the first time a shipment of Tui oil is to be sent to the Marsden Pt refinery, near Whangarei, to be refined in this country .