Southlanders love their rugby - just as much as Cantabrians we reckon and they will make good use of the shield to whip up a bit of southern patriotism.
Well done boys..




The total allowable commercial catch for BCO 5 is set at about 1500 tonnes, fetching more than $35 million when the quota is filled, but Mr Carbines said 300 tonnes less than that was caught on average during the past three years.
"... We can safely say we have concerns for the fishery," he said.








Press Release by ExxonMobil at 2:51 pm, 08 Oct 2009
ExxonMobil New Zealand (Exploration) Limited (EMNZEL) and Todd Energy announced today that they have received approval from Crown Minerals to amend their work program commitment in permit PEP 50117, located in the Great South Basin.
A change to permit conditions was sought to facilitate more effective exploration of the permit area. To assist with this, EMNZEL (90% and operator) and Todd Energy (10%) will seek interest from other parties to farm-in to the permit. A decision to drill a well in the permit area will be contingent on the outcome of discussions with parties interested in acquiring an equity position in the acreage.
ExxonMobil Project Manager, Adem Djakic, said that seeking interest from other potential partners is standard industry practice, and assists with spreading the financial and technical risk typical of high risk exploration basins such as the Great South Basin.
"The Joint Venture has spent a significant amount of money on this initial phase of the exploration program so far, and brought in specialists with extensive technical expertise to evaluate the data." he added. "We have been committed to stakeholder engagement, and kept stakeholders informed throughout the process."
About the Block
PEP 50117 comprises approximately 16,390 square kilometres and is located in the Great South Basin off the southeast tip of New Zealand, 100 kilometres from shore and in a water depth of 500 to 1000 metres.
From 17 December 2007 until 11 April 2008, a 3D seismic exploration program was conducted in PEP 50117. Approximately 1336 square kilometres of 3D seismic and 961km of 2D seismic was acquired and processed. An additional 1200 kilometres of existing 2D data was also re-processed.
ENDS

Lambcut wishes Southern Dive all the best in its private venture but has some concerns about the current governmental drive toward funding of tourism generally. Lambcut knows that in these troubling times the government wants to be more than a bit magnanimous toward good ideas and new business.
That’s all well and good but government has a history of squandering funds on fiscal pups. (Lambcut doesn’t think that Southern Dive is one of those but wants to rant about government spending on tourism in Southland).
The ratepayers of Southland contribute approximately 85% percent of Venture Southland’s operational income (VS is Southland’s economic development agency and it spends the vast bulk of its funding on tourism). Farming businesses contribute about 70% of the overall rate take in the Southland District. On that basis, farming businesses contribute the same proportion to the Local Authorities that fund Venture Southland.
Given farming’s disproportionately large contribution to Southland’s tourism funding, VS and government generally might do well to consider why farming businesses should contribute disproportionately large amounts to other businesses, such as tourism and hospitality.
Selective state promotion of industries such as tourism and hospitality (funded primarily by farmers, in Southland at least) diverts resources, investment and employees to those other industries, at agriculture’s expense.
Imprudent governmental jerkings and tweakings of the economy have, in recent history come to naught, except a pouring of people’s money down a fiscal black hole. Lambcut urges caution and fiscal prudence in the spending of ratepayer and taxpayer money. Unnecessary administrative costs and spending on woolly social process activities are a deviation from Local Authority’s and indeed government’s core functions and should not be allowed to burden taxpayers.
