Monumental Energy Corp.‘s application for petroleum exploration acreage in New Zealand’s Taranaki basin has advanced to government review after a three-month competing-application period closed without any competing bids. The application for petroleum exploration permit PEP61554 covers approximately 245 km² of prospective onshore and offshore acreage in the northern Taranaki basin. Monumental submitted the application in May 2026 alongside private […]
