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News Centre
LME to drill new well in Kahili Field
- L&M Energy and Mosaic Oil NZ Limited commit to drill new well in onshore Taranaki permit
- High chance of success as historical oil and gas production within permit
- Infrastructure in place for early production upon successful drilling
L&M Energy today announced that it intends to drill a new well in the dormant Kahili gas condensate field with the aim of generating significant cashflow within 12 months.
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