Here’s a snapshot we took out of TAG Oil’s New Plymouth board-room window yesterday. It’s the Ensco-107 Jack-up rig we’ll eventually be using to drill Kaheru, in transit, sitting off Port Taranaki.
The Kaheru is a prospect in shallow waters — about 22 meters deep — and just eight miles offshore, on the same thrust belt play fairway as several of Taranaki’s successful oil and gas fields. 2D and 3D seismic show this to be an offshore extension of the producing, Miocene-aged discovery trend, and we’re excited about the discovery potential of this prospect. Not to mention…how cool is this?