Diablo Oil & Gas operates three mining permits in Taranaki. In addition, Diablo New Zealand holds interests three offshore exploration permits in the Taranaki Basin.
A drilling campaign aimed at growing Diablo’s and New Zealand’s reserves through new discoveries was undertaken in 2019/2020. This exploration drilling campaign was supported by the acquisition of the largest seismic survey ever acquired in the Taranaki Basin. All 6,500 sqkm of this dataset has been licensed by Diablo Oil & Gas New Zealand.
Diablo Oil & Gas operated one offshore permit in Pegasus Basin, offshore Wairarapa. This was surrendered in December 2023.