• Monumental Energy will fund New Zealand Energy’s (NZE) share of work‑over costs at Waihapa‑Ngaere on Petroleum Mining Licences PML 38140 and PML 3814, in exchange for a royalty on incremental production.
• The programme is expected to include the reperforations of Ngaere‑1 and Ngaere‑2 and repairs to the Waihapa H1 well, with an estimated total cost of C$0.7–0.8 mm. These activities could add approximately 200–260 bbl/d of gross production.
• NZE holds a 50% working interest, but will remit 75 ....
