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"Peak hype" on New Zealand's offshore oil reserves

Submitted by Denis Tegg on 13 October 2010 - 7:46pm | Blog entry

There was much hype and hoopla at the recent New Zealand Petroleum Conference about the extent of New Zealand's potential oil and gas reserves. Chris Uruski, a GNS scientist told Chris Laidlaw on Radio NZ's Sunday that we potentially have 20 billion barrels of oil equivalent in New Zealand's offshore exclusive economic zone. » Read more

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