New Zealand Energy receives Copper Moki mining permit (Scandinavian Oil-Gas Magazine)

New Zealand Energy receives Copper Moki mining permit

Published Jul 31, 2014

New Zealand Energy Corp. has been granted a 943.7 acre (3.819 km2) Petroleum Mining Permit (Copper Moki Mining Permit) in the Taranaki Basin. The Copper Moki Mining Permit (PMP 55491) has been carved out of NZEC's 100%-owned Eltham Exploration Permit (PEP 51150) to encompass NZEC's Copper Moki and Waitapu oil discoveries.

"Receiving the Copper Moki Mining Permit is an important milestone for NZEC, ensuring that the Company can continue to produce oil and gas from existing wells that are generating significant income for NZEC," said John Proust, Chief Executive Officer and Director of NZEC.

Tags: New Zealand Energy Corp.

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