Jadestone has agreed to take over a 69% stake + operatorship from OMV in the Maari project in PMP 38160, offshore Taranaki Basin, for USD 50 MM cash. The deal includes the Maari + Manaia oilfields, an FPSO, plus 4,000-4,500 bo/d net. The deal will be made retro-effective 1 Jan '19.
New Zealand (South Inversion Zone (Taranaki B.)) Manaia