Monumental Energy plans acquisition of stake in New Zealand’s onshore Maata oil field license
Monumental Energy announced plans to acquire an ownership stake in the onshore Maata oil field in New Zealand’s Taranaki Basin. Transaction targets participation alongside operator Jetex Energy, New Zealand Energy, and 3TCF. Drilling at the Maata-1 site is expected to start in Q1 2027, subject to joint-venture terms an