The New Zealand Petroleum & Minerals (NZP&M) have announced that the 2019 Block Offer consultation for proposed blocks commenced on 25 September 2019. The due date for submission is the 20 November 2019 with the final area for tender expected to be announced in the first half of 2020.   The proposed area for the 2019 Block Offer includes one onshore region in the Taranaki, covering an initial area of 2,568 sq. km which has been released for consultation with iwi and hapu groups. The area was selected based on its prospectivity, available data, potential commercial interest and alignment with the amended legislation relating to the 2018 Crown Minerals (Petroleum) Amendment Act, which restricts the allocation of exploration permits exclusively to the onshore Taranaki region.   The onshore acreage outlined for bidding in the 2019 Block Offer covers a similar sized area to the 2018 Block Offer, which was around 2,200 sq. km. This remains significantly smaller than previous years with over 480,000 sq. km offered in 2017, 476,000 sq. km of which was offshore.
The New Zealand Petroleum & Minerals (NZP&M) have announced that the 2019 Block Offer consultation for proposed blocks commenced on 25 September 2019. The due date for submission is the 20 November 2019 with the final area for tender expected to be announced in the first half of 2020. The proposed area for the 2019 Block Offer includes one onshore region in the Taranaki, covering an initial area of 2,568 sq. km which has been released for consultation with iwi and hapu groups. 