Greymouth Petroleum Turangi Ltd, a wholly owned subsidiary of Greymouth Petroleum Ltd, was granted an area increase to mining permit PMP 38161 located in the Taranaki Basin, on 19 March 2020. The permit has been increased by approximately 30% of the previous permit area, from 46 sq km to 60 sq km.  The area has been increased to the east and now includes the areas previously being offered as 174E38/33-3 and 174E39/3-1 as part of the Block Offer 2018. The area now incorporated into PMP 38161 includes the dry Heaphy 1 well, drilled in early 2006.  PMP 38161 now covers an area of 60 sq km. The permit was originally awarded on 28 April 2006 and covered an area of 26 sq km. Greymouth Petroleum Ltd holds 100% operated interest in the permit through four wholly owned subsidiaries.
New Zealand, PMP 38161