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Business Scoop » Final End To Oil And Gas Exploration In The Southern Ocean

Press Release – Oil Free Otago Oil Free Otago is pleased to hear of the surrender of the final exploration permit in Aotearoas southern ocean. The final permit, brazenly named Toroa by the oil industry, situated east of Stewart Island in the Great South Basin, was surrendered … Oil Free Otago is pleased to hear of the surrender of the final exploration permit in Aotearoa’s southern ocean. The final permit, brazenly named “Toroa” by the oil industry, situated east of Stewart Island in the Great South Basin, was surrendered this week by Singapore based New Zealand Oil and Gas (NZOG). “It’s no surprise that this company has quietly withdrawn its Toroa permit and finally given up” said Dunedin grandmother and Oil Free Otago Spokesperson Rosemary Penwarden.

Oil Free Southern Ocean: Tick – Oil Free Otago

“What are we going to do with ourselves?” said Dunedin grandmother Rosemary Penwarden. “Anadarko, Shell, OMV, Beach Energy and now New Zealand Oil And Gas (NZOG) have all run away. “Who’s left to chase? Now that our albatross breeding grounds are protected from the risk of catastrophic oil spills, can we finally go back to weeding the garden and looking after the grandchildren? “Wait. We still face extinction.” TDB Recommends NewzEngine.com NZ Oil And Gas CEO Andrew Jeffries today regrets the “perfect storm” that led to his surrender of the Barque prospect 60km off the coast of Oamaru – “…adverse regulatory settings; the dry hole at OMV’s Tawhaki permit; the recent announcement terminating Wherry-1 drilling; and the effects of Covid on drill rig costs and availability making the task of finding suitable partners in the required timeline impossible.”

A Dunedin grandmother is elated offshore oil exploration is being pulled out of Otago - 17-Feb-2021

A Dunedin grandmother is elated offshore oil exploration is being pulled out of Otago A Dunedin grandmother is elated offshore oil exploration is being pulled out of Otago 17 February 2021 New Zealand Oil and Gas has torn up its permit for the Clipper area near Oamaru, estimated to contain 1.5 billion barrels of light oil and huge gas reserves. Oil Free Otago s Rosemary Penwarden says no one wants an oil spill in the Southern Ocean, as it s home to a third of the world s albatross population. She says this is a win for the climate . and her grandchildren. Penwarden says she became a grandma in 2011, and has worked since then against the oil project so her grandkids have a better future.

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