Articles tagged with Matahio Energy
New Petroleum Exploration Permit Application Invites Investment in NZ Offshore Basin
1 month ago | 336 viewsResources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.
Tags: Shane Jones Sunda Energy New Zealand Petroleum and Minerals Matahio Energy Taranaki Basin Cheal Sidewinder Puka Awakino Crown Minerals ActSunda Energy Acquires Matahio Assets Boosting New Zealand’s Petroleum Sector
4 months ago | 879 viewsResources Minister Shane Jones welcomes the sale of Matahio Energy’s New Zealand assets to Sunda Energy as a positive sign of growing international interest and investment in the country’s petroleum sector. The transaction includes established onshore oil and gas operations in Taranaki and supports economic resilience, energy security, and regional development. Sunda Energy will now seek regulatory approvals, with the deal reflecting confidence in New Zealand’s oil and gas future and the importance of revitalizing proven assets.
Tags: Matahio Energy Sunda Energy Shane Jones New Zealand Taranaki petroleum sector oil and gas Cheal Sidewinder Puka exploration permit