‘Ham-fisted approach on oil'
PA Wellington. Hunt Petroleum’s rej ported plans to abandon | its oil exporation in New ( Zealand offshore waters i was a major setback for | New Zealand’s oil-explor-I ation programme, said the j Opposition spokesman on energy, Mr F.’ M. Colman. He said the Government had mishandled onshore and offshore oil prospecting with its “ham-fisted and money-grubbing ap- | proach.” Oil prospecting and j evaluation were highly i specialised technical fields, ; in which New Zealand i was largely dependent on ' overseas expertise. Oil i men could not be expected ■ to continue investing j money in a high-risk spec- ( ulative industry without a ' clear understanding of ! where they stood. Mr Colman said the. i Government had a bad record in its dealing with ( the oil-exploration interI esis.
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Press, 6 March 1978, Page 7
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127‘Ham-fisted approach on oil' Press, 6 March 1978, Page 7
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