The studies undertaken by OMV indicate that the Matuku prospect is robust. It has a perceived low risk associated with the existence of the structure, presence of suitable reservoir rock and adequacy of seal. OMV’s basin modelling studies suggest the presence of a substantial source kitchen within the Kahurangi Trough (to the immediate west of the prospect) that is mature for the generation of oil.
The studies undertaken by OMV indicate that the Matuku prospect...
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