Todd Energy has been a leading New Zealand oil and natural gas explorer for over 70 years. Our exploration programme is focused on searching for new natural hydrocarbon resources for the security of New Zealand’s future energy supply.
Todd Energy has a focused exploration strategy concentrated within the Taranaki Basin. This geological province underlies the Taranaki Peninsula and extends offshore from the top of the South Island to just south of Auckland. The basin holds all of New Zealand’s commercial hydrocarbon resources, which are supported with a well-developed production, processing and transport infrastructure.
While actively managing our current permits, Todd Energy is continually re-evaluating and assessing new opportunities to ensure secure energy supplies for New Zealanders into the future.
Todd Energy has interests in and is the operator of four petroleum exploration permits, in both onshore and offshore environments. In three of those permits, Todd holds 100% equity, while in the remaining Todd is joint-ventured with another exploration company.
Todd Energy’s exploration team regularly investigates new business opportunities in the Taranaki and other New Zealand basins, either by evaluating farm-ins offered by other companies or participating in study groups to assess New Zealand Block Offers and Acreage Releases.
Todd Energy conducts its exploration efforts through its team located in New Plymouth. The teams is integrated with and supported by specialists in petroleum and reservoir engineering, drilling and production operations, facilities engineering and project management.