Feb 06 - OMV Granted Two New Zealand Petroleum Exploration Permits

Source Company Web Site
Company OMV Group 
Tags Upstream Activities
Date February 03, 2006

OMV, Central Europe’s leading oil and gas group, further strengthens its presence in New Zealand with today’s granting of two offshore Petroleum Exploration Permits by the Ministry of Economic Development. The permits have been granted to OMV New Zealand Ltd, a 100% subsidiary of OMV Aktiengesellschaft in a 50/50 Joint Venture with the Australian energy company, Origin Energy Limited. Origin Energy will be the operator of the permits. Seismic activities are expected to start 2006/2007.

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