New seismic off Taranaki

Sept. 17--ndo-Pacific Energy Ltd has been awarded four new exploration permits for three onshore and one offshore block in the Taranaki Basin of New Zealand. The company was awarded a 100% interest in the offshore PEP 38480 block, adjacent to Shell's recent Pohokura gas-condensate discovery. Two similar, but smaller targets were identified from existing seismic and well control, and specialized techniques will now be applied to the seismic.