New Zealand Oil & Gas Limited provided operational update on Matuku-1 well. The Matuku-1 well in PEP 51906 offshore Taranaki has been drilled to 3913 meters as of January 12, 2014. A 9 5/8 inch casing string has been set to 3409 meters.

The next operation is drilling ahead to a planned total depth of 4754 metres.