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New Zealand

With generous fiscal terms and an established oil & gas industry, New Zealand is an attractive country for oil & gas exploration. Currently, all production in New Zealand is from the Taranaki Basin located near the west coast of the North Island where commercial gas was discovered in 1959.

East West is partnered with TAG Oil Ltd., a leading operator in New Zealand. Under the terms of the joint venture, East West has a 30% interest in the Cheal-E site mining permit (PMP 60291) in the Taranaki Basin with current oil and gas production of 85 BOE/D (78% oil).

New Zealand Project

New Zealand Project

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