On 29 July 2026, the New Zealand Government announced the award of Petroleum Exploration Permit PEP 61434 to EnZed Energy Pty Ltd. The 12-year permit covers approximately 546 km² of the offshore Taranaki Basin and is the first new offshore petroleum exploration permit granted since the former government’s 2018 prohibition on new permits was subsequently reversed

EnZed Energy’s strong expertise in regulatory frameworks and government systems, combined with decades of in-depth knowledge of New Zealand’s geology, uniquely positions the company and sets it apart from competitors