Cheal Petroleum Limited (CPL), Matahio’s wholly owned NZ subsidiary, has completed the acquisition of East West Petroleum’s 30% participating interest in the Cheal East permit, PMP 60291 (onshore Taranaki). This acquisition increases CPL’s participating interest in the Cheal East permit to 100%. Drew Cadenhead, Matahio’s NZ Country Manager said, “The completion of this acquisition is...Continue Reading

Cheal Petroleum Limited (“CPL”), Matahio’s wholly owned NZ subsidiary, has signed an SPA for the acquisition of East West Petroleum’s 30% participating interest in the Cheal East permit, PMP 60291 (onshore Taranaki), for an upfront payment of 1 MM USD (effective 31st July 2023). This acquisition increases CPL’s participating interest in the Cheal East permit...Continue Reading

New Zealand’s carbon emissions from the energy resources sector are 2.35 million tonnes per year lower than they were in 2010, thanks in large part to efficiency and emissions reduction initiatives by New Zealand’s sector. That is one of the key insights from the 2023 progress report released today, one year after the commencement of...Continue Reading

Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Taranaki Basin, North Island, New Zealand. Matahio will be the operator of these licenses, holding 100% participating interest in four licenses, and 70% interest in the remaining two licenses. Of the six licenses, three are currently producing....Continue Reading

Matahio Energy’s Philippines operating company NPG Pty Ltd (NPG) has signed a “Life-of-Field” contract with THREE60 Operations Services Ltd (THREE60) for the provision of Operations and Maintenance (O&M) services for the Floating Production, Storage and Offloading (FPSO) vessel “Intrepid Balanghai”, located at the Galoc Field 60 kilometres offshore Palawan, Republic of the Philippines. The contract,...Continue Reading

Matahio Energy has completed on the acquisition of two legal entities, the first being NPG Pty Ltd, which own a 78.8% operated interest in the producing Galoc field, situated 60km offshore Palawan in the Republic of the Philippines.  In addition, Matahio has also acquired a legal entity that wholly owns the FPSO Intrepid Balanghai, which...Continue Reading

Matahio Energy’s Philippines operating company NPG Pty Ltd (NPG) and Filipino Joint Venture partners of SC14C1 Galoc Field support the island communities of Busuanga, Culion and Linapacan, which lie adjacent to the Galoc field in NorthWest Palawan. The Galoc Joint Venture works collaboratively with the Philippines’ Department of Environment and Natural Resources and the Palawan...Continue Reading

Matahio Energy was featured in Taranaki’s LIVE Magazine August-September 2022 issue. As a progressive energy company, Matahio Energy is focused on championing the global energy transition. Matahio knows the value of playing the long game and fostering the skills of our next generation of engineers, geoscientists and energy leaders. Aiming for Net Zero Matahio Energy...Continue Reading

As progressive energy company focused on championing the global energy transition, we are proud to partner with the TRFU for the 2022 season as a sponsor of the Family Zone. With the first game kicking off on Sunday 7th August, the rugby season is underway and giving Kiwi families a major mood boost in winter....Continue Reading

The Matahio Energy team had the pleasure of attending the APAC Energy Conference on 7-8 June in Singapore. Matahio was also a sponsor of the event. Our Chief Operating Officer, Rob Fisher, spoke as part of a panel discussion on taking ownership of your ESG story and proactively meeting financing conditionalities. Wai-Lid Wong, Chief Executive...Continue Reading