Has Anardarko got lucky? - Keeping Stock

Has Anardarko got lucky? Old Keeping Stock has asked the question and wished for the best:

"We have our fingers crossed that Anadarko has indeed made a significant discovery of oil off the west coast of the North Island. We look forward to an announcement in due course."

(He calls himself "we" - odd but true). Here then is that much anticipated announcement, Keeping Stock. 

"American oil company Anadarko says its maiden New Zealand deep sea exploration well failed to find commercial quantities of oil or natural gas.

Drilling of the Romney 1 well in the Deepwater Taranaki Basin - about 160 km off the Raglan coast - began in November but was found to be "water-bearing" after reaching its total depth of 4619m, the Texas-based firm said in a statement."

We are well pleased.

I/S @ NoRightTurn is too:

"So that's National's entire economic plan gone. They had one idea to boost economic growth (I'm not going to say "raise living standards" because that includes clean beaches), and it has failed. What are they going to do now? Pray for a pot of gold to fall out of the sky? Oh wait, that's what they were already doing...

There are cleaner ways to earn a living than polluting the oceans and baking a planet. And we desperately need a government which will pursue them. National seems incapable of it. Time to toss them out and get someone better."