Anadarko unlikely to test drill another Otago oil hole
The oil company Anadarko says it is now very unlikely to drill a follow-up exploration well off the Otago coast. The Texan company has spent a month and 150-million-dollars drilling a deepwater hole about 60 kilometres from Dunedin in the untested Canterbury Basin.
From Morning Report
This story was broadcast on Wednesday 12 March 2014