Wellington, Aug 17 NZPA - Shares in Kea Petroleum fell 17.8 percent on London's AIM stock market overnight after the New Zealand-based oil and gas explorer said it will plug and abandon the offshore Tuatara-1 well off Nelson, because no economic potential has been identified in the area.

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 .