07 October 2014
Todd Energy's McKee Production Station was recognised for continuous high environmental...
15 July 2014
Dr Joanna Breare will join the Todd Corporation as Vice President New Zealand Upstream Energy...
27 June 2014
Todd has acquired a 50% working interest in a liquids rich gas project in British Columbia...
Current exploration projects
Todd Energy's exploration permits
Nimitz – Offshore North Taranaki (PEP 57080)
Todd Energy holds a 50% interest and is operator of the joint venture with Beach Energy. The permit was granted in December 2014. Initial work will concentrate on evaluating several identified prospects and leads.
Karewa – Offshore Northern Taranaki (PEP 38602)
Todd Energy holds a 100% interest in the permit which contains the Karewa gas discovery. The permit is currently under a review to investigate the best options for appraisal, development and gas marketing for the discovery.
Opunake – Offshore Central Taranaki (PEP 53374)
Todd Energy holds the 966 km2 permit, with 100% interest. The permit is adjacent to the Maui Mining Permit. Evaluation of the permits prospectivity has focussed on maturing the Vulcan and Opunake NE leads. Todd acquired the Trestles 3D seismic in 2015 to further mature these prospects in readiness for a drilling decision.
Te Kiri – Onshore Western Taranaki Peninsula (PEP 51149)
Todd Energy (80% interest) operates this onshore permit located on the western Taranaki Peninsula. Todd and joint venture partner, Cue, drilled Te Kiri North-1 well targeting prospects called Te Kiri North (Eocene) and Arawhata (Miocene) in late 2015. Unfortunately the well failed to find economic hydrocarbons. Data retreived during the drilling will be used to evaluate further opportunities within the permit.
South Basin Boundary – Offshore Southern Taranaki (PEP 60094)
Todd Energy holds a 100% interest in this 2151 km2 permit. The permit was granted in December 2015. Initial work will concentrate on reprocessing 2D seismic and studies to gain a greater understanding of various prospects and leads within the permit.