right on target, page-9

Matuku isn't just about proving up 65m bbls recoverable of oil, a discovery there will also validate the string of prospects identified by OXX which run SE down thru the 51906 permit. It will also strengthen the credentials of the prospects currently being marketed for farm out by OXX which potentially contain well over 200m bbls.
2013 has seen the oil prospectivity of offshore Taranaki increasingly recognized by oil majors. Surprisingly, the local market seems to have been oblivious to this. It will only take one (out of a number of wells underway) to come in to turn this around though. Not easy to keep one step ahead of the mkt sometimes but am pretty happy with the opportunities that I think this process will present.