"We have our fingers crossed that Anadarko has indeed made a significant discovery of oil off the west coast of the North Island. We look forward to an announcement in due course."
(He calls himself "we" - odd but true). Here then is that much anticipated announcement, Keeping Stock.
"American oil company Anadarko says its maiden New Zealand deep sea exploration well failed to find commercial quantities of oil or natural gas.
Drilling of the Romney 1 well in the Deepwater Taranaki Basin - about 160 km off the Raglan coast - began in November but was found to be "water-bearing" after reaching its total depth of 4619m, the Texas-based firm said in a statement."
We are well pleased.
I/S @ NoRightTurn is too:
There are cleaner ways to earn a living than polluting the oceans and baking a planet. And we desperately need a government which will pursue them. National seems incapable of it. Time to toss them out and get someone better."
2 comments:
Good news that it's water-bearing, though. After all, water is a precious resource too. It's a real shame that it's so expensive to get what with all that sea water over the top of it.
Perhaps it would make more sense to plan for the future using resources that we know we DO have.
http://www.odt.co.nz/opinion/opinion/290190/forestry-waste-may-help-replace-our-fossil-fuels
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