news on the other nz company
NZ preview of East Coast prospects?
from Canaccord...
"" with respect to NZ's East Coast Basin operations, the company commenced drilling of Ranui-2 core well, targeting the Whangai Shale, on January 14, with drilling and coring expected to take approximately three weeks. In Q4/11, NZ completed the coring of two test holes on its 100% working interest Castlepoint Permit. The Orui (125 metres total depth) and Te Mai (195 metres total depth) test holes cored and tested the Waipawa and Whangai shales. Analysis of the core is ongoing.""
They seem to be way out in front of Apache...