Trans-Orient gets independent assessment on NZ Holdings

Dr Bennett added, "Trans-Orient's solid financial position and 100 per cent interest in the East Coast venture allows for full control over the pace of exploration activity. Moving forward, our strategy is to drill a number of both the conventional targets and the targets within the Waipawa-Whangai fractured shale play. The latter may require the drilling of a number of boreholes to identify the most favorable drilling, completion and fracturing plans to optimize production from potential 'sweet spots' of the fracturing system."