Greymouth Petroleum picks up Shell oil and gas field

Despite losing out to Shell, Greymouth has benefited from the Fletcher sale by picking up some of the assets the Commerce Commission ordered Shell to dispose of.

In a statement Mr Dunphy said the company also hoped to attract a number of key former Fletcher Energy oil and gas professionals to join its Taranaki team. This latest acquisition still requires approvals and consents but Greymouth expects the deal to go through within the next 30 days.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TWR - Capital Return - ATO Class Ruling Obtained
THL - FY25 Trading Update
April 17th Morning Report
EBOS announces opening of Retail Offer
MCY - FY2025 EBITDAF guidance revised to $760m
April 16th Morning Report
AIA - March 2025 Monthly traffic update
Ryman Healthcare FY25 full year results and webcast detail
CHI - Q1 2025 Operational Update
CNU - Q3 FY25 Connections Update