RE:RE:TD ReportsYou don't know what you are talking about. Cardiff was already fracked, albeit poorly. Fracking permits in NZ don't seem to be a problem. There is already a pipeline to the site since Cardiff was drilled on the Cheal C pad. Producing any oil or gas out of the existing wells could be done very cheap. I don't know why Tag waited so long to go back in to Cardiff but they must have their reasons. Maybe it was for the bore to stabilize or maybe it was for the results of Shell's 3D seismic survey which they participated in.
I think the joint venture partner would be to drill any new wells which would be very expensive. The rig they used to drill it is no longer in the country. I am not sure what rigs are available that can drill that deep. There may be only one or two.