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Mon, 19 April 2010
L&M Energy has applied for a licence to explore for coal seam gas (CSG) in the onshore Canterbury Basin, northwest of Christchurch, New Zealand.
The wholly-owned permit covers an area of 13,440 square kilometres.
The company is engaging in a CSG drilling program across its tenements on both the North and South islands.
In March 2010 L&M Energy completed its acquisition of L&M CSG, which booked New Zealand's first independently certified CSG reserves, 173 petajoules of 3P at Ohai on the South Island in 2009.
For a detailed look at L&M Energy’s CSG activities and the company’s perspective on the prospects of New Zealand’s CSG industry, make sure you receive the May edition of Gas Today’s quarterly magazine. Subscribe today!
Image caption:
L&M Energy continues drilling activities at one of its New Zealand tenements.
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