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Echelon waiting for opportunities in New Zealand's gas market

The former NZ Oil & Gas delisted from the NZX but is still interested in the local market.

Production station at the Kupe gas field.

The fortunes of the Kupe gas field off Taranaki last year illustrate some of the recent frustrations of New Zealand’s gas industry.

ASX-listed Beach Energy, which owns 50% of the field, wrote off between $125m to $135.9m on the value of the asset after its drilling program was unsuccessful. Beach

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Lachlan Colquhoun Fri, 07 Feb 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Echelon waiting for opportunities in New Zealand's gas market
Investment,
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