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New Zealand Oil, Gas Blocks Seen Drawing Bids

From Fox Business

While oil companies are always on the lookout for new oil and gas blocks with “potential to produce substantial quantities of natural gas and crude oil,” the New Zealand government invitation to bid could translate into opportunities for feeding their pipelines, Mr. Robinson said late Monday.

Petroleum Exploration and Production Association is a trade association that promotes the interests of petroleum producers and explorers in New Zealand.

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