New Zealand Petroleum & Minerals (NZP&M) opened the nomination period for the Block Offer 2020 on 27 July 2020. Areas within the onshore Taranaki Basin may only be nominated by interested parties for inclusion in the Block Offer 2020, the final area for which is expected to be released in 2021. All nominations must be submitted to NZP&M by 5 pm New Zealand Standard Time (NZST) on 21 August 2020.  Nominations must be submitted with an accompanying description and map of the nominated area, in addition to supporting evidence of prospectivity. Areas included in previous Block Offers, including those within the Block Offer 2019, may be nominated. Nominee companies are under no obligation to bid for the nominated area or areas if they are included in the final release area. Nominations should be to be submitted to: blockoffernominations@mbie.govt.nz  The nomination period for the Block Offer 2020 was opened on the same day that the delayed Block Offer 2019 was opened. The blocks available for tender in the Block Offer 2019 are restricted to the onshore Taranaki Basin and cover a total area of 2,451 sq km. All bids must be submitted to NZP&M by 5 pm New Zealand Standard Time (NZST) on 4 November 2020.
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